The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 60195
| Name of Borrower | Current Approved Amount |
|---|---|
| Sunstar Americas, Inc. | $6,230,492 |
| Wozniak Industries, Inc. | $3,500,000 |
| Barrington Orthopedic Specialists, Ltd. | $2,576,714 |
| Pipe Strong Holdings, LLC | $1,813,800 |
| Napleton's Schaumburg Pontiac-Gmc, Inc. | $808,022 |
| Creative Staffing, Inc. | $779,698 |
| Innovative Consulting Solutions, LLC | $743,900 |
| Hall Enterprises, Inc. | $625,000 |
| Customer Asset Consulting Group, Inc. | $586,237 |
| Napleton's Schaumburg Subaru, Inc. | $469,797 |
| ABC Dentistry, LLP | $437,337 |
| Agi Trucking | $375,000 |
| Napleton Schaumburg Motors, Inc. | $336,125 |
| Incworx, Inc. | $292,268 |
| Greater Chicago Specialty Physicians, LLC | $266,540 |
| Illinois Spine Institute, S. C. | $255,667 |
| Sath, Inc. | $254,405 |
| Opportunity Franchising, Inc. | $230,445 |
| Schaumburg Surgery Center | $227,127 |
| Cruises International, Inc. | $223,000 |
| Beyond the Reef | $222,837 |
| JMB Preschool Associates, Inc. | $210,847 |
| Btech Development, Inc. | $202,552 |
| Lease Maturity Services, LLC | $188,000 |
| Corey J Walther Ltd., D.D.S. | $165,200 |
| Jigneshkumar M Patel Professional Corporation, D.D.S. | $161,000 |
| Paragon International, Inc. | $153,765 |
| Stens USA, Ltd. | $130,000 |
| Arihantenam Corporation | $118,900 |
| Dynamic Consulting Group, Inc. | $118,150 |
| Cedar Alphie, LLC | $112,720 |
| Wammer, Inc. | $108,317 |
| Knupper's Seasonal Flower Bargains, Inc. | $107,100 |
| Ryan Flooring Center, Inc. | $104,572 |
| Schaumburg INN, LLC | $99,900 |
| Prince of Peace Evangelical Lutheran Church of Hoffman Estat | $97,842 |
| Shreenathji, Inc. | $94,903 |
| Dental Salon Schaumburg, LLC | $94,534 |
| Foods by M. E. IV, LLC | $92,193 |
| 92 Town Corporation | $85,975 |
| Chicagoland Cookie -Rmis, LLC | $83,887 |
| Nare Investments, LLC | $79,000 |
| Pita House, Inc. | $76,500 |
| Rezilyens, LLC | $76,000 |
| A2V Logistics | $73,250 |
| Midwest Cargo Direct, Inc. | $73,168 |
| 5 Logistics, Inc. | $72,015 |
| Liberty Roofing & Siding, Inc. | $62,800 |
| Terasoft International, Inc. | $62,500 |
| Rigelsky, Inc. | $60,400 |
| Coffee Haus of Schaumburg, Inc. | $57,500 |
| KGZ World Wide | $55,000 |
| Clearview Management, Inc. | $53,570 |
| American Financial Mortgage Services, Inc. | $52,299 |
| Cops Testing Service Fire Personnel Testing Service Inc., Inc. | $49,442 |
| Assured Services, Inc. | $48,100 |
| Mark a. Ferrari, Ltd., D.D.S. | $41,910 |
| Thai Garden | $41,592 |
| At of Illinois, Inc. | $38,270 |
| Hardrock Design, Inc. | $37,500 |
| Godavai Family Dinning, LLC | $35,280 |
| Safe Name Insurance Products, LLC | $33,960 |
| Spark Transportation, Inc. | $33,900 |
| The Royal Family Real Estate, LLC | $33,300 |
| Aama, Inc. | $32,700 |
| Knead Bakery and Caf, Inc. | $32,600 |
| The Bryar Group | $31,500 |
| Phillip S. Tarallo, P.C. | $31,110 |
| Aspire Fitness, Inc. | $30,308 |
| Maverick Land Group, LLC | $30,000 |
| Artmada, Inc. | $27,945 |
| PH Salon, Corporation | $27,803 |
| Linda Carrasco | $26,390 |
| Ouac 60523, Inc. | $25,843 |
| Shree Ambika3 Corporation | $24,500 |
| C & S Industries, Inc. | $22,580 |
| Agnello Law Offices, Ltd. | $22,530 |
| Agha Realty, Inc. | $22,407 |
| Eye Level Schaumburg North | $22,000 |
| Gay Pollitt, P. C., D.D.S. | $21,253 |
| John Cordell PC, D.D.S. | $20,850 |
| Linda Dressler Remax Suburban | $20,833 |
| Oyunbold Adiyasuren | $20,833 |
| Lisa Black, D.D.S. | $20,832 |
| Julie A. Bushore | $20,832 |
| Moreno Intellectual Property Law, LLC | $20,832 |
| Ric Sampson, Inc. | $20,832 |
| Nicola Hill-Cordell PC, D.D.S. | $20,800 |
| H2 Legal, P.C. | $20,800 |
| Tree Agate Consulting Partners, Inc. | $20,800 |
| Bull Trans Group | $20,275 |
| MZK Transport, Inc. | $20,000 |
| G&J Accounting, Inc. | $19,582 |
| MBP Enterprise, LLC | $18,000 |
| Osteostrong of Greater Chicago, Inc. | $17,203 |
| Schaumburg Super China Buffet | $17,200 |
| Best Brains of Schaumburg | $17,098 |
| CW Aviation Consulting, Inc. | $16,600 |
| Fountyn, Inc. | $16,250 |
| Michael E. Towers | $16,100 |
| Rettke & Son, Inc. | $16,065 |
| Bismillah, Inc. | $15,765 |
| Pancho's Burritos Corporation | $15,572 |
| Q Publishing, Inc. | $15,075 |
| Northwestern Mutaul Wealth Management | $14,864 |
| American Northern Insurance Agency, Inc. | $14,540 |
| Smile Dental Works, Ltd. | $14,333 |
| Kimberley Thompsen | $13,750 |
| Mapletag Corporation | $13,540 |
| Land-Code, LLC | $13,540 |
| Paul H. K. Hageman & Associates, Ltd. | $13,500 |
| Sakura Sushi Schaumburg, Inc. | $13,000 |
| SRI Vanguard Imports America of Illinois, Inc. | $12,390 |
| Ashyana Barrington Management, LLC | $12,232 |
| Coral Reef Roselle, Inc. | $12,127 |
| Randy Johnson | $11,778 |
| Cabinetland Kitchen and Beyond, Inc. | $11,700 |
| Rishiraj918, LLC | $10,665 |
| Rawal and Associates, PC | $10,004 |
| Kevin a. Panek Architect, LLC | $10,000 |
| Mitul Patel | $9,800 |
| Mary T. Kubalewski | $9,794 |
| Peggy Vorona | $9,723 |
| Luminoa Corporation | $9,700 |
| Eastern Star, LLC | $9,500 |
| Hank Hamid Fatoorehchi | $9,468 |
| Insurance Warehouse, Inc. | $8,750 |
| MK Plumbing, Inc. | $8,635 |
| Matthew Zielinski, D.D.S. | $8,372 |
| Luminoa Corporation | $8,333 |
| Lenchy-Lux, Inc. | $7,292 |
| Paradigm Enterprises, Inc. | $7,257 |
| Kenan Express, Inc. | $7,080 |
| Cathybre, Inc. | $6,250 |
| Atmosphere Tattoo Gallery, LLC | $6,250 |
| Almat Mukhtarov | $5,750 |
| Dhiraj, Inc. | $5,700 |
| Banzai Express Corporation | $5,000 |
| Fumare' Lounge, Inc. | $4,940 |
| Environmental Eco Solutions, Inc. | $4,583 |
| NSW Construction, Inc. | $4,500 |
| Trang Luu | $4,190 |
| LBR Construction Services, LLC | $4,166 |
| Healinghandsnow | $4,000 |
| Mega Group Leasing, LLC | $4,000 |
| Joseph Salama | $3,787 |
| Elite Eyewear Company | $3,750 |
| Anna Tran | $3,646 |
| Manuel Tolentino | $3,616 |
| Doreen Catalano | $3,282 |
| Reedman Express, Inc. | $3,100 |
| Lorrie Schaefer | $2,950 |
| Compucoount, Inc. | $2,812 |
| Mor Services, Inc. | $2,787 |
| Gary Anderson | $2,500 |
| James Goforth | $1,790 |
| Luca Salon, Inc. | $1,666 |
| Vladimir Masnic | $1,575 |
| Remax Suburban | $1,296 |
| Fernando A. Vega | $1,068 |
| Candace Marie Hair Studio | $934 |
| Naritta Clark | $813 |
| Jacquelyn Franklin | $211 |
Alerts Sign-up