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 2021 in ZIP Code 60444
| Name of Borrower | Current Approved Amount |
|---|---|
| Systems Enterprise Corporation | $473,373 |
| Peritus Plastics, LLC | $240,682 |
| Locodocs, Inc. | $108,400 |
| Benson Insurance Agency Bab8157, Inc. | $55,057 |
| Precision Farm Drainage, Inc. | $39,772 |
| Hunt Farms Partnership | $37,431 |
| L. E. Exteriors, Inc. | $33,796 |
| Nick Schaefer | $30,920 |
| Harford Farms, Inc. | $28,936 |
| Eric K. Misener | $20,833 |
| David Baudino Bab | $20,833 |
| Eric Phillips | $20,833 |
| George Sessoms | $20,833 |
| Steven Quaka | $20,833 |
| Brett Madison | $20,833 |
| Tyson J. Dollinger | $20,833 |
| Kenneth C. Adkins | $20,833 |
| Keith Kelly | $20,833 |
| Michael Bols | $20,833 |
| Robert Bernhard | $20,833 |
| Alan Hill | $20,833 |
| Timothy Kilmer | $20,833 |
| Daniel A. Kilmer | $20,833 |
| George Sessoms | $20,833 |
| Scott Biros | $20,833 |
| Kelly Krull | $20,833 |
| Dustin Isham Iaa | $20,833 |
| Vincent J. Biros | $20,833 |
| Michael D. Vota | $20,833 |
| Jay Fillman | $20,833 |
| Scott Isham Iaa | $20,833 |
| Eric K. Misener | $20,833 |
| Daniel G. Wilkinson | $20,833 |
| Gregory Williams | $20,833 |
| Andrew Hunt | $20,833 |
| Shawn MacChietto | $20,833 |
| Dylan Smith | $20,832 |
| Douglas Lowery | $20,832 |
| Michael Lowery | $20,832 |
| Michael Breisch | $20,800 |
| Michael Breisch | $20,800 |
| Tom Cromwell | $20,447 |
| Kaltrina Pierce | $20,032 |
| Luke Miller | $20,000 |
| Brenda Taylor | $17,645 |
| Cash Biros | $16,448 |
| Janelle Teague | $16,092 |
| Christopher Harford | $14,442 |
| Christopher Harford | $14,442 |
| Baudino Farm Bab4737 | $13,355 |
| Colton W. Quaka | $11,818 |
| Pat Willoughby | $11,239 |
| Luke Brockman | $9,715 |
| Timothy McDonald | $8,803 |
| James Miller | $8,064 |
| Andrea Prutch | $8,000 |
| Timothy Harty Jr. | $4,991 |
| Wanda Jane Farcus Faa | $4,267 |
| Michael Vota | $3,595 |
| Robert W. Breisch | $3,300 |
| Sharilyn Grushkin | $2,894 |
| Dean W. Pfeifer | $2,686 |
| Ikeman, Inc. | $2,537 |
| Cheryl Quaka | $1,928 |
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