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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

The largest borrowers in Lake County, 2020–21
RankNameUSDLoans
1Advanced Clinical Holdings, Inc., Deerfield$10.0 million1
1Law Offices Of Gerald Shapiro LLC, Bannockburn$10.0 million1
1Mvp Workforce, LLC, Deerfield$10.0 million1
1Personnel Staffing Group, LLC, Deerfield$10.0 million1
5Xcel Staffing Solutions LLC, Waukegan$9.0 million1
6Rud Management, LLC, Deerfield$8.5 million1
7Ltd Commodities, LLC, Lincolnshire$8.2 million1
8American Hotel Register Company, Vernon Hills$7.5 million1
9Certified Power, Inc., Mundelein$7.2 million1
10Impact Networking, LLC, Mettawa$6.8 million1
11Lacosta, Inc, Wauconda$5.9 million1
12International Decorators, Inc., Lake Barrington$5.4 million1
13Berger Excavating Contractors Inc, Wauconda$5.4 million1
14Peter Baker & Son Co., Lake Bluff$5.1 million1
15Workflex, LLC, Deerfield$5.0 million1
16Netrix, LLC, Bannockburn$4.9 million1
17Miller, Cooper & Co., Ltd., Deerfield$4.8 million1
18Ceannate Corp, Buffalo Grove$4.8 million1
19Brook Furniture Rental, Inc, Lake Forest$4.5 million1
20Karl Knauz Motors, Inc, Lake Bluff$4.5 million1
21Kopka Pinkus Dolin & Eads Pc, Buffalo Grove$4.3 million1
22Lmt Onsrud Lp, Waukegan$4.2 million2
23Mariani Enterprises, Inc, Lake Bluff$4.2 million1
24Allendale Association, Lake Villa$4.2 million1
25Trinity International University, Deerfield$4.1 million1
26Incredible Technologies, Inc., Vernon Hills$4.1 million1
27Colbert Packaging Corporation, Lake Forest$4.0 million1
28Carillon Hotel LLC, Lake Forest$4.0 million2
29Vpc, LLC, Waukegan$3.9 million1
30United Conveyor Corporation, Waukegan$3.8 million1
31Manhard Consulting, Ltd, Lincolnshire$3.8 million1
32Fgmk, LLC, Deerfield$3.8 million1
33Vail Systems, Inc., Deerfield$3.7 million1
34McEssy Investment Company, Lake Forest$3.7 million1
35Semersky Enterprises, Inc., Highland Park$3.6 million1
36Clp Foodservice, Inc, Highland Park$3.5 million1
37Quality Labor Service, LLC, Waukegan$3.5 million1
38Blitt & Gaines P C, Vernon Hills$3.5 million1
39Acp Creativit, Buffalo Grove$3.4 million1
40Crosscom National LLC, Buffalo Grove$3.3 million1
41Richard Wolf Medical Instruments Corp., Vernon Hills$3.3 million1
42Illinois Masonry Corporation, Buffalo Grove$3.3 million2
43I3 Group, Inc., Lincolnshire$3.2 million1
44Swiss Automation, Inc., Barrington$3.2 million1
45Surgical Referral Service, Ltd., Buffalo Grove$3.2 million1
46Learning Resources, Inc., Vernon Hills$3.2 million1
47Sho-Link Incorporated, Lake Forest$3.2 million1
48Woodland Foods Ltd, Waukegan$3.2 million1
49Acres Maintenance, Inc, Wauconda$3.0 million1
50Alliance Hr, LLC, Deerfield$3.0 million1
51Midwest Center For Womens Healthcare Ltd, Bannockburn$2.9 million1
52Metro Storage LLC, Lake Forest$2.9 million1
53Roevolution 226, LLC, Deerfield$2.9 million1
54Gi Partners Of Illinois LLC, Libertyville$2.9 million1
55Paterno Imports, Ltd, Bannockburn$2.8 million1
56Brightstar Group Holdings Inc, Gurnee$2.8 million1
57Food Equipment Technologies Company, Lake Zurich$2.8 million2
58Diamond Residential Mortgage Corp, Lake Forest$2.7 million1
59Bourbon Tile & Marble, Inc., Buffalo Grove$2.7 million1
60Lake County Press, Inc., Waukegan$2.7 million1
61Graham Enterprise, Inc., Vernon Hills$2.7 million1
62Balanced Environments, Inc., Old Mill Creek$2.6 million1
63Produce Alliance, LLC, Buffalo Grove$2.6 million1
64Surgical Solutions LLC, Deerfield$2.5 million1
65Sayers Technology Holdings, Inc, Vernon Hills$2.5 million1
66International Services, Inc, Buffalo Grove$2.5 million1
67Idealease, Inc., Barrington$2.5 million1
68Lake County Grading Company, LLC, Libertyville$2.3 million1
69Tempsnow Employment & Placement Services, LLC, Gurnee$2.3 million1
70Auto Renew Group LLC, Ingleside$2.3 million2
71Grand Staffing Agency, LLC, Waukegan$2.3 million1
72Returns R Us, Incorporated, Libertyville$2.3 million1
73Lake Forest Academy, Lake Forest$2.3 million1
74Kwcc, Inc., Fox Lake$2.3 million1
75Motherboard Express Company, Libertyville$2.3 million1
76Rocco Fiore & Sons Inc., Libertyville$2.2 million1
77Global Material Technologies, Inc., Buffalo Grove$2.2 million1
78Hand2Mind, Inc., Vernon Hills$2.2 million1
79Carmel Catholic High School, Mundelein$2.2 million1
80Carolina Wholesale Group, Inc, Waukegan$2.2 million1
81Rosborough Partners, Inc., Libertyville$2.2 million1
82Wickstrom Ford Lincoln Mercury Inc., Barrington$2.2 million1
83Europa Eye Wear Corp., Vernon Hills$2.1 million1
84Professional Business Providers Inc, Mundelein$2.1 million1
85Rms Lifeline Inc., Vernon Hills$2.1 million1
86Larsen Manufacturing LLC, Mundelein$2.1 million1
87Therm Flo, Inc., Buffalo Grove$2.1 million1
88Nelson Group Enterprises, Inc., Lake Zurich$2.1 million1
89Hn Precision Company, Lake Bluff$2.1 million1
90The Chapel, Libertyville$2.0 million2
91Ehc Industries, Inc, Wauconda$2.0 million1
92Blitt & Gaines P.C., Vernon Hills$2.0 million1
92Carolina Wholesale Group Lnc., Waukegan$2.0 million1
92Ceannate Corp, Buffalo Grove$2.0 million1
92Ehc Industries Inc., Wauconda$2.0 million1
92Europa Eyewear Corporation, Vernon Hills$2.0 million1
92I3 Group Inc., Lincolnshire$2.0 million1
92Incredible Technologies Inc., Vernon Hills$2.0 million1
92International Decorators Inc. Employee Stock Ownership Trust, Lake Barrington$2.0 million1
92Larsen Manufacturing LLC, Mundelein$2.0 million1
92Law Offices Of Gerald Shapiro LLC, Bannockburn$2.0 million1
92Midwest Center For Womens Healthcare Ltd, Bannockburn$2.0 million1
92Produce Alliance L.L.C., Buffalo Grove$2.0 million1
92Professional Business Providers Inc., Mundelein$2.0 million1
92Roevolution 226 LLC, Bannockburn$2.0 million1
92Sayers Technology Holdings Inc, Vernon Hills$2.0 million1
92Sho-Link Incorporated, Lake Forest$2.0 million1

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.

Sources

Data retrieved