PPP loans in Lake County, Illinois
Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 24,804 Paycheck Protection Program loans for businesses it recorded in Lake County, $2.0 billion in all.
Lake County, as of September 30, 2024
- $2.0 billion
- Approved
- $2,028,307,281
- 5.4% of the $37.3 billion approved in Illinois.
- 24,804
- Loans
- 18,152 first draws and 6,652 second draws.
- 91.8%
- Forgiven
- 22,765 of 24,804 loans carry a forgiveness amount, $2.0 billion in all.
- 5.9%
- Charged off
- 1,466 of 24,804 loans, approved for $43.7 million. That is the loans' size, not what SBA lost.
The largest borrowers in Lake County · 2020–21
How the list is drawn
- 107 of the 23,487 borrowers ranked in Lake County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100. The last rank here is shared by 16 borrowers.
- A borrower is ranked here when SBA recorded its first loan in Lake County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.
Related
Sources
- SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Data retrieved