Vecto, Inc. receives a PPP loan between $350K-$1M on May 12
Vecto, Inc. received a Paycheck Protection Program loan between $350,000 to 1 million on May 12, according to the US Treasury Department.
There were 174 PPP loans issued in Illinois during the week ending May 17. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Damir Express, Inc. | 2020-05-11 | $350,000-1 million |
| Ec Restaurants Corporation | 2020-05-11 | $350,000-1 million |
| J & K Cabinetry, Inc. | 2020-05-11 | $350,000-1 million |
| JVI, Inc. | 2020-05-11 | $350,000-1 million |
| Protection Controls, Inc. | 2020-05-11 | $350,000-1 million |
| T M Towing, Inc. | 2020-05-11 | $350,000-1 million |
| Tact 1, LLC | 2020-05-11 | $350,000-1 million |
| Top Flight Real Estate LC | 2020-05-11 | $350,000-1 million |
| Track Group, Inc. | 2020-05-11 | $350,000-1 million |
| Basil Group, LLC | 2020-05-11 | $150,000-350,000 |
| Bird in the Hand Staffing | 2020-05-11 | $150,000-350,000 |
| Bureau Bar and Restaurant, LLC | 2020-05-11 | $150,000-350,000 |
| Campus Consortium | 2020-05-11 | $150,000-350,000 |
| Christie's Carousel of Learning of Park Ridge, Inc. | 2020-05-11 | $150,000-350,000 |
| Condon &cook, LLC | 2020-05-11 | $150,000-350,000 |
| DNK Creative Group, LLC | 2020-05-11 | $150,000-350,000 |
| Ec Restaurants Corporation | 2020-05-11 | $150,000-350,000 |
| Five Star Insulation Corporation | 2020-05-11 | $150,000-350,000 |
| Four Seasons Tree Care, Inc. | 2020-05-11 | $150,000-350,000 |
| Ideal Welding Systems LP | 2020-05-11 | $150,000-350,000 |
| Jermal James Spells | 2020-05-11 | $150,000-350,000 |
| Ljak, LLC | 2020-05-11 | $150,000-350,000 |
| Refrigeration Service Engineers Society | 2020-05-11 | $150,000-350,000 |
| Snyder-Mark Drugs Roselle, Inc. | 2020-05-11 | $150,000-350,000 |
| Staff of Life, Inc. | 2020-05-11 | $150,000-350,000 |
| We Care Recycling, LLC. | 2020-05-11 | $150,000-350,000 |
| Fareva Morton Grove, Inc. | 2020-05-12 | $2-5 million |
| AMG USA, Inc. | 2020-05-12 | $350,000-1 million |
| Mudskipper, Inc. | 2020-05-12 | $350,000-1 million |
| The Steel Supply Company | 2020-05-12 | $350,000-1 million |
| Vecto, Inc. | 2020-05-12 | $350,000-1 million |
| 720 Worldwide, Inc. | 2020-05-12 | $150,000-350,000 |
| Cee-Bee Cartage, Inc. | 2020-05-12 | $150,000-350,000 |
| Dash Group, LLC | 2020-05-12 | $150,000-350,000 |
| Delta D, Inc. | 2020-05-12 | $150,000-350,000 |
| Flintz Family Home Care, LLC | 2020-05-12 | $150,000-350,000 |
| Foresite Realty Management, LLC | 2020-05-12 | $150,000-350,000 |
| Hovey Energy | 2020-05-12 | $150,000-350,000 |
| J&J Equities, LLC | 2020-05-12 | $150,000-350,000 |
| Keith Martin, Inc. | 2020-05-12 | $150,000-350,000 |
| LA Playa Series II, LLC | 2020-05-12 | $150,000-350,000 |
| M & M Transportation Services, LLC | 2020-05-12 | $150,000-350,000 |
| M&M Financial Consulting, Inc. | 2020-05-12 | $150,000-350,000 |
| Quest California News Media, Inc. | 2020-05-12 | $150,000-350,000 |
| St. Agnes School | 2020-05-12 | $150,000-350,000 |
| St. Ann Church Catholic Bishop of Chicago | 2020-05-12 | $150,000-350,000 |
| Superior Floor Covering, Inc. | 2020-05-12 | $150,000-350,000 |
| The Association for the Developmentally Disabled of Woodford County | 2020-05-12 | $150,000-350,000 |
| Midwest Masonry, Inc. | 2020-05-13 | $1-2 million |
| Equipsolutions, LLC | 2020-05-13 | $350,000-1 million |
| Gerhard Designing & Manufacturing, Inc. | 2020-05-13 | $350,000-1 million |
| Idea Technician Solutions, Inc. | 2020-05-13 | $350,000-1 million |
| N/A | 2020-05-13 | $350,000-1 million |
| Rockford Rigging, Inc. | 2020-05-13 | $350,000-1 million |
| Royal HCO, LLC | 2020-05-13 | $350,000-1 million |
| Shangri LA HCO, LLC | 2020-05-13 | $350,000-1 million |
| Sullivan HCO, LLC | 2020-05-13 | $350,000-1 million |
| Transmit Marketing | 2020-05-13 | $350,000-1 million |
| Watseka HCO, LLC | 2020-05-13 | $350,000-1 million |
| A & R Freight, Inc. | 2020-05-13 | $150,000-350,000 |
| Aspen HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Childrens Land at Lincolnshire, Inc. | 2020-05-13 | $150,000-350,000 |
| Childrens Land at Wheeling, Inc. | 2020-05-13 | $150,000-350,000 |
| Childrens Land on Greenwood, LLC | 2020-05-13 | $150,000-350,000 |
| Collinsville HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Cottage Hill Dental Care, Ltd. | 2020-05-13 | $150,000-350,000 |
| Dental Salon Chicago, LLC | 2020-05-13 | $150,000-350,000 |
| Erickson Pluming & Heating, Inc. | 2020-05-13 | $150,000-350,000 |
| ERS Cleaning Services Bros, Inc. | 2020-05-13 | $150,000-350,000 |
| Goldstone Financial Group, LLC | 2020-05-13 | $150,000-350,000 |
| Haugaard Creative Group, Inc. | 2020-05-13 | $150,000-350,000 |
| Icrom Logistics, Inc. | 2020-05-13 | $150,000-350,000 |
| Interstate Transport Repair, Inc. | 2020-05-13 | $150,000-350,000 |
| Kiddy Kulture Child Care & Learning Center | 2020-05-13 | $150,000-350,000 |
| MNP Illinois Holdings, Inc. | 2020-05-13 | $150,000-350,000 |
| Pillar Enterprises, Inc. | 2020-05-13 | $150,000-350,000 |
| Piper HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Pleasant View HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Prairie City HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Riviera Sports Center, Inc. | 2020-05-13 | $150,000-350,000 |
| Robings HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Rosiclare HCO, LLC | 2020-05-13 | $150,000-350,000 |
| San Raphael, Inc. | 2020-05-13 | $150,000-350,000 |
| SPI Corporate Solutions, Inc. | 2020-05-13 | $150,000-350,000 |
| Swansea HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Tarkio HCO, LLC | 2020-05-13 | $150,000-350,000 |
| The Animal Hospital of Gurnee, PC | 2020-05-13 | $150,000-350,000 |
| Twin HCO, LLC | 2020-05-13 | $150,000-350,000 |
| UMG Events, LLC | 2020-05-13 | $150,000-350,000 |
| Vimak Construction & Masonry, Inc. | 2020-05-13 | $150,000-350,000 |
| Westside HCO, LLC | 2020-05-13 | $150,000-350,000 |
| Petersen Management Company, LLC | 2020-05-14 | $2-5 million |
| Apostolic Christian Restmor, Inc. | 2020-05-14 | $1-2 million |
| East Bellevue Owner, L.L.C. | 2020-05-14 | $1-2 million |
| Wayne-White Counties Electric Cooperative | 2020-05-14 | $1-2 million |
| Arcola HCO, LLC | 2020-05-14 | $350,000-1 million |
| Charleston HCO, LLC | 2020-05-14 | $350,000-1 million |
| El Paso HCO, LLC | 2020-05-14 | $350,000-1 million |
| Engineered Components Company | 2020-05-14 | $350,000-1 million |
| Ghetto Stock Exchange, LLC | 2020-05-14 | $350,000-1 million |
| GS Healthcare, LLC | 2020-05-14 | $350,000-1 million |
| Marigold HCO, LLC | 2020-05-14 | $350,000-1 million |
| Pam International, Inc. | 2020-05-14 | $350,000-1 million |
| Tata International Metals, Ltd. | 2020-05-14 | $350,000-1 million |
| Aleda HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Bement HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Cumberland HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Decatur HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Drig Marketing & Supply, LLC | 2020-05-14 | $150,000-350,000 |
| Eastview HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Effingham HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Flanagan HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Havana HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Jorde Transport, Inc. | 2020-05-14 | $150,000-350,000 |
| Kewanee HCO, LLC | 2020-05-14 | $150,000-350,000 |
| L & K Fire Protection, Inc. | 2020-05-14 | $150,000-350,000 |
| Lebanon HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Mcleansboro HCO, LLC | 2020-05-14 | $150,000-350,000 |
| MFI Industries, Inc. | 2020-05-14 | $150,000-350,000 |
| Polo HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Princess Foods, Inc. | 2020-05-14 | $150,000-350,000 |
| Program Management & Control Services, LLC | 2020-05-14 | $150,000-350,000 |
| Property Management Experts, Inc. | 2020-05-14 | $150,000-350,000 |
| Rahal International, Inc. | 2020-05-14 | $150,000-350,000 |
| Rivmar Corporation | 2020-05-14 | $150,000-350,000 |
| Shelbyville HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Spectrum Real Estate Properties, Inc. | 2020-05-14 | $150,000-350,000 |
| Sterilis Solutions, LLC | 2020-05-14 | $150,000-350,000 |
| Trust Air Cargo USA | 2020-05-14 | $150,000-350,000 |
| Tuscola HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Vandalia HCO, LLC | 2020-05-14 | $150,000-350,000 |
| Weishaupt America, Inc. | 2020-05-14 | $150,000-350,000 |
| Wise Health, P.C. | 2020-05-14 | $150,000-350,000 |
| Cat I Manufacturing, Inc. | 2020-05-15 | $1-2 million |
| Sauber Manufacturing Company | 2020-05-15 | $1-2 million |
| ATD Express, Inc. | 2020-05-15 | $350,000-1 million |
| Capri Foods, Inc. | 2020-05-15 | $350,000-1 million |
| Citadel Care Center-Elgin, LLC | 2020-05-15 | $350,000-1 million |
| Damen Healthcare Group, LLC | 2020-05-15 | $350,000-1 million |
| Elevate Saint Andrew Living Community, LLC | 2020-05-15 | $350,000-1 million |
| Elevate Woodview Nursing and Rehabilitation, LLC | 2020-05-15 | $350,000-1 million |
| Hamburger Stan | 2020-05-15 | $350,000-1 million |
| Menard Electric Cooperative | 2020-05-15 | $350,000-1 million |
| Prime Logistics Team, LLC | 2020-05-15 | $350,000-1 million |
| Scanwell Logistics CHI, Inc. | 2020-05-15 | $350,000-1 million |
| Spoon River Electric Cooperative | 2020-05-15 | $350,000-1 million |
| The Waterford, LLC | 2020-05-15 | $350,000-1 million |
| A+ Exhaust Hood & Duct Cleaning, Inc. | 2020-05-15 | $150,000-350,000 |
| Adminsystems Company | 2020-05-15 | $150,000-350,000 |
| Barbara's Bookstore O'Hare Joint Venture | 2020-05-15 | $150,000-350,000 |
| Bruske Enterprises, Inc. | 2020-05-15 | $150,000-350,000 |
| CMC Services of Ohio, LLC | 2020-05-15 | $150,000-350,000 |
| Demuth, Inc. | 2020-05-15 | $150,000-350,000 |
| Eden Transport, Inc. | 2020-05-15 | $150,000-350,000 |
| Elias, Meginnes & Seghetti, P.C. | 2020-05-15 | $150,000-350,000 |
| Espe Manufacturing Company | 2020-05-15 | $150,000-350,000 |
| Garza Karhoff Engineering, LLC | 2020-05-15 | $150,000-350,000 |
| Gyc Senior Care Homes, Inc. | 2020-05-15 | $150,000-350,000 |
| HB Freight Experts, LLC | 2020-05-15 | $150,000-350,000 |
| IST America US Operations, Inc. | 2020-05-15 | $150,000-350,000 |
| Lakeview Insurance Agency, Ltd. | 2020-05-15 | $150,000-350,000 |
| Mitic Xpress, Inc. | 2020-05-15 | $150,000-350,000 |
| Operating Engineers Local 520 Joint Apprenticeship and Training Fund | 2020-05-15 | $150,000-350,000 |
| Perfect Cleaning Service Corporation | 2020-05-15 | $150,000-350,000 |
| Progressive Medical Center, S. C. | 2020-05-15 | $150,000-350,000 |
| VSI Radon Reduction Corporation | 2020-05-15 | $150,000-350,000 |
| Zgraphics, Ltd. | 2020-05-15 | $150,000-350,000 |
| Semper Fi Express, LLC | 2020-05-16 | $350,000-1 million |
| Japanese Cuisine | 2020-05-16 | $150,000-350,000 |
| P. M. E. D. , Inc. | 2020-05-16 | $150,000-350,000 |
| R Lloyd and Company, Ltd. | 2020-05-16 | $150,000-350,000 |
| Rbe1, LLC | 2020-05-17 | $350,000-1 million |
| Simplex Investments, LLC | 2020-05-17 | $350,000-1 million |
| AGPD Paving | 2020-05-17 | $150,000-350,000 |