The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Top 100 largest PPP loans in 2020 in ZIP Code 60517
| Name of Borrower | Current Approved Amount |
|---|---|
| Antarctic Mechanical Services, Inc. | $10,000,000 |
| The Morey Corporation | $5,154,837 |
| V3 Companies, Ltd. | $5,000,000 |
| Building Services of America, LLC | $4,094,700 |
| Home Run INN, Inc. | $2,071,200 |
| Dober Chemical Corporation | $2,065,105 |
| S & S Automotive, Inc. | $1,997,417 |
| Midwest Warehouse and Distribution System, Inc. | $1,969,887 |
| Producepro, Inc. | $1,926,935 |
| Home Run INN Frozen Foods Corporation | $1,885,500 |
| Power Play Distributors, LLC | $1,793,300 |
| Refrigeration Mechanical, Inc. | $1,750,000 |
| Paramont-EO, Inc. | $1,625,000 |
| ECP Incorporated | $1,600,250 |
| Caliber Construction Company | $1,547,254 |
| Guiding Light Academy, Inc. | $1,466,740 |
| Innovative Intermodal, Inc. | $1,220,400 |
| Bedford Motor Service, Inc. | $1,082,420 |
| Logistics Resources, Inc. | $1,028,238 |
| The Plus Group, Inc. | $976,900 |
| World Cleaning Services | $941,230 |
| Techny Advisors, LLC | $923,332 |
| Aba of Illinois, LLC | $867,900 |
| Insulation Technology, Inc. | $811,673 |
| Numina Group, Incorporated | $785,403 |
| Celtic Commercial Painting, LLC | $743,000 |
| Phoenix-Veterans Print Corporation | $739,700 |
| Nexterra Wine Company, LLC | $718,145 |
| XXII Century, Inc. | $717,500 |
| David Michael Productions, Inc. | $695,684 |
| The Central American Group, Ltd. | $657,970 |
| O'Hare Ventures II, LLC | $608,808 |
| Swap.com, Inc. | $600,900 |
| Total Fire & Safety, Inc. | $580,545 |
| Law Officeds of Matthew Baysinger, Inc. | $529,500 |
| Western Remac, Inc. | $521,400 |
| Integral Flooring Systems, Inc. | $519,000 |
| DRY Systems Technologies, LLC | $489,365 |
| Hartz Construction Company, Inc. | $487,025 |
| Midwest Converting, Inc. | $486,383 |
| Ama Logistics, Inc. | $456,942 |
| Rag's Electric, Inc. | $429,818 |
| Components Express, Inc. | $428,630 |
| Magnuson Group, Inc. | $426,943 |
| Von Technologies, LLC | $421,101 |
| Dynasty Properties, Inc. | $400,379 |
| Boerman Moving and Storage, Inc. | $400,000 |
| Stonegate Management, Inc. | $396,700 |
| Engineering Plus, LLC | $394,590 |
| Trudeau Corporation, Inc. | $381,318 |
| MDI Transportation Systems, Inc. | $360,531 |
| Bowcon, Inc. | $353,050 |
| Peel & Stik Adhesive Prod | $350,060 |
| RME, Inc. | $341,187 |
| Woodridge Clinic S. C. | $339,470 |
| Woodridge Golf Club Operating Venture | $323,778 |
| Innovative Diesel Solutions, Inc. | $322,871 |
| C & E Fire Protection, Inc. | $291,421 |
| St. Scholastica Parish | $288,978 |
| Kalgen Consultants, Inc. | $280,055 |
| Richmond Electric Company | $272,800 |
| Renaissance Maintenance, Inc. | $269,305 |
| Hobson Financial Group of Illinois, Inc. | $251,995 |
| National Title Solutions, Inc. | $247,600 |
| 7 Bridges Brewing, LLC | $246,177 |
| Your Back Office, LLC | $244,570 |
| Beavers Holdings, LLC | $237,885 |
| Software Alliance Corporation | $218,940 |
| Holtz Educational Center, LLC | $213,600 |
| Men in Black Pest Control Services, Inc. | $210,500 |
| American Roof Preservers, Inc. | $204,175 |
| Nationwide Transportation, Inc. | $202,949 |
| Jameson's Woodridge Restaurant, Inc. | $200,870 |
| Leslie Heating & Cooling, Inc. | $200,117 |
| Eden Transport, Inc. | $200,000 |
| Midway Flooring, Inc. | $184,452 |
| C. P. Environmental Filters, Inc. | $183,732 |
| Ground Options, LLC | $183,703 |
| Downtown Pet Supply, LLC | $183,062 |
| Jason Herbers Insurance Agency, Inc. | $182,782 |
| Card Imaging, Inc. | $179,788 |
| Gremark Technologies, Inc. | $179,100 |
| Slapshot Acquisitions, LLC | $175,853 |
| American Video Gaming, LLC | $172,725 |
| Staffigo Technical Services, LLC | $168,725 |
| Tacknologies, Ltd. | $167,325 |
| Iris Custom Solutions, LLC | $162,919 |
| Robert F Girgis Ltd., D.D.S. | $162,600 |
| Sands Impex, Inc. | $160,300 |
| 3vue, LLC | $159,400 |
| Bartech Precision Machining Company | $155,750 |
| Wellspring Healthcare Services, Inc. | $152,162 |
| Windy City Woodridge, LLC | $151,075 |
| Preferred Metal Technologies, Inc. | $150,000 |
| The Midwest Pizza Corporation | $148,732 |
| Fri-Jado, Inc. | $148,060 |
| Mark J. Wroblewski, L. L. C., D.V.M. | $147,110 |
| Advanced Telecom Solutions, LLC | $139,000 |
| B-D Cylinder Products, Inc. | $138,800 |
| The Fire Protection International Consortium, Inc. | $136,930 |
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