PPP loans in Madison County, Illinois

Name: Madison County, Illinois
Address: IL, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 7,659 Paycheck Protection Program loans for businesses it recorded in Madison County, $487.7 million in all.

Madison County, as of September 30, 2024

$487.7 million
Approved: $487,711,674; 1.3% of the $37.3 billion approved in Illinois.; 7,659
Loans: 5,797 first draws and 1,862 second draws.; 92.7%
Forgiven: 7,099 of 7,659 loans carry a forgiveness amount, $478.7 million in all.; 5.3%
Charged off: 407 of 7,659 loans, approved for $9.3 million. That is the loans' size, not what SBA lost.

The largest borrowers in Madison County · 2020–21

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The largest borrowers in Madison County, 2020–21
Rank	Name	USD	Loans
1	Truck Centers, Inc., Troy	$10.0 million$10,000,000	1
2	Imi Management, Inc, Granite City	$8.3 million$8,251,700	1
3	G.R.P Mechanical Company, Inc., Bethalto	$7.2 million$7,248,750	1
4	Alton Steel, Inc., Alton	$5.1 million$5,122,394	1
5	Mhf Holdings Inc, Granite City	$5.1 million$5,105,160	1
6	Cope Plastics Inc, Alton	$4.7 million$4,747,700	1
7	Heplerbroom, LLC, Edwardsville	$4.3 million$4,295,100	1
8	Korte Construction Company, Highland	$3.2 million$3,197,500	1
9	Beverly Farm Foundation, Inc., Godfrey	$3.2 million$3,160,000	1
10	Gateway Industrial Power, Inc., Collinsville	$2.9 million$2,934,200	1
11	Estel Foods Inc, Granite City	$2.7 million$2,678,100	1
12	Baily International, Inc., Granite City	$2.6 million$2,611,800	1
13	Walters Metal Fabrication Inc, Granite City	$2.5 million$2,525,620	2
14	Lanter Distributing, LLC, Madison	$2.5 million$2,491,500	1
15	Helmkamp Construction Co., East Alton	$2.4 million$2,435,933	1
16	Plocher Construction Company Inc., Highland	$2.4 million$2,361,900	1
17	The Gori Law Firm, P.C., Edwardsville	$2.3 million$2,304,000	1
18	Laura Buick-Gmc, Inc., Collinsville	$2.3 million$2,289,150	1
19	Apex Physical Therapy, LLC, Highland	$2.2 million$2,233,300	1
20	Utilitra, Inc, Edwardsville	$2.2 million$2,213,900	1
21	Federal Steel And Erection Co, East Alton	$2.0 million$2,020,900	1
22	Alton Steel Inc, Alton	$2.0 million$2,000,000	1
22	Apex Physical Therapy LLC, Highland	$2.0 million$2,000,000	1
22	Helmkamp Construction Co., East Alton	$2.0 million$2,000,000	1
22	Logistics Resource Solutions Inc., Madison	$2.0 million$2,000,000	1
22	Logistics Resource Solutions Inc., Madison	$2.0 million$2,000,000	1
22	The Gori Law Firm P.C., Edwardsville	$2.0 million$2,000,000	1
28	Woods Basement Systems, Inc, Collinsville	$2.0 million$1,977,012	1
29	Totall Metal Recycling Inc., Granite City	$1.9 million$1,949,000	1
30	Totall Metal Recycling, Inc., Granite City	$1.9 million$1,935,900	1
31	Contegra Enterprises, LLC, Edwardsville	$1.8 million$1,829,400	1
32	The Glik Company, Granite City	$1.8 million$1,783,600	1
33	Rcs Construction, Inc., East Alton	$1.7 million$1,715,520	1
34	Federal Steel And Erection Co., East Alton	$1.6 million$1,617,000	1
35	Hanley Industries, Incorporated, Alton	$1.6 million$1,564,638	2
36	Sievers Equipment Co., Hamel	$1.6 million$1,553,100	1
37	Scheffel & Company P.C., Alton	$1.5 million$1,538,923	1
38	Pacific Uniform Service LLC, Troy	$1.5 million$1,500,000	1
39	Jarrett Industries Inc, South Roxana	$1.5 million$1,454,950	2
40	J.F. Electric, Inc., Edwardsville	$1.4 million$1,438,700	1
41	The Munie Company Inc, Maryville	$1.4 million$1,426,500	1
42	Korte & Luitjohan Contractors, Highland	$1.4 million$1,413,300	1
43	Stutz Excavating Inc, Alton	$1.4 million$1,361,254	1
44	Senior Services Plus, Inc, Alton	$1.3 million$1,320,515	1
45	Folsom Distributing Co, Wood River	$1.3 million$1,258,802	2
46	Wertz Welding & Tank Service, Inc., Wood River	$1.3 million$1,257,300	1
47	Bold Enterprises Inc, Glen Carbon	$1.2 million$1,209,300	1
48	La Cross Dental LLC, Edwardsville	$1.2 million$1,180,940	1
49	Iew, Inc., Granite City	$1.2 million$1,168,880	1
50	Schiber Truck Company, Inc, Hartford	$1.1 million$1,149,500	1
51	Weber Granite City Chevrolet Company, Granite City	$1.1 million$1,121,800	1
52	La Cross Dental LLC, Glen Carbon	$1.1 million$1,082,500	1
53	Keller Construction, Inc, Glen Carbon	$1.1 million$1,055,500	1
54	Becker Iron & Metal, Inc., Venice	$1.0 million$1,017,360	1
55	Arnette Pattern Company, Inc, Granite City	$1.0 million$1,004,600	1
56	Quality Rail Service, Madison	$991.8 thousand$991,800	1
57	Korte & Luitjohan Contractors Inc., Highland	$975.0 thousand$975,000	1
58	Custom Steel Processing Inc, Madison	$967.1 thousand$967,100	1
59	Midland Railway Supply, Inc., Godfrey	$957.9 thousand$957,866	1
60	Kamadulski Excavating & Grading, Inc., Granite City	$945.3 thousand$945,300	1
61	Waggoner Equipment Rental LLC - C603065, Wood River	$941.8 thousand$941,832	1
62	Eden Retirement Center, Inc., Glen Carbon	$939.7 thousand$939,700	1
63	Autocenters Nissan Inc., Wood River	$933.9 thousand$933,852	1
64	Autocenters Nissan, Inc., Wood River	$933.8 thousand$933,800	1
65	Buske Lines, Inc., Edwardsville	$932.1 thousand$932,100	1
66	Bella Milano Inc, Edwardsville	$919.7 thousand$919,671	1
67	Team Company, Edwardsville	$916.7 thousand$916,700	1
68	Fairmount Park, Inc., Collinsville	$911.2 thousand$911,200	1
69	Highland Machine & Screw Products Co., Highland	$905.2 thousand$905,200	1
70	Ajax Industries Inc, South Roxana	$902.9 thousand$902,925	2
71	William M. Bedell Achievement And Resource Center, Wood River	$900.5 thousand$900,550	1
72	Quality Rail Service Inc., Madison	$897.8 thousand$897,800	1
73	Highland Machine & Screw Products Co, Highland	$885.1 thousand$885,068	1
74	Mike's Inc. - Maa9391, South Roxana	$884.5 thousand$884,500	1
75	Lucky Lincoln Gaming, LLC, Highland	$877.5 thousand$877,532	1
76	Eden Retirement Center Inc., Glen Carbon	$872.6 thousand$872,561	1
77	Team Company, Edwardsville	$868.0 thousand$868,000	1
78	Mike's, Inc., South Roxana	$862.9 thousand$862,900	1
79	Weber Granite City Ford Company, Granite City	$849.1 thousand$849,100	1
80	Schwartz Ventures, Inc., Edwardsville	$845.1 thousand$845,100	1
81	Metro Marble & Granite LLC, Granite City	$843.6 thousand$843,620	1
82	Colhot LLC, Collinsville	$838.5 thousand$838,500	1
83	Lakeside Roofing Company, Collinsville	$832.4 thousand$832,400	1
84	Fastechnology Group LLC, Glen Carbon	$832.3 thousand$832,261	2
85	Jack Schmitt Chevrolet Of Wood River, Inc., Wood River	$828.9 thousand$828,930	1
86	Rkd Automotive, Inc., Alton	$823.1 thousand$823,100	1
87	Kienstra Illinois, LLC, Wood River	$821.1 thousand$821,091	1
88	Oates Associates, Inc., Collinsville	$815.0 thousand$815,000	1
89	International Union Of Painters And Allied Trades District C, Collinsville	$806.3 thousand$806,272	1
90	Interco Trading, Inc., Madison	$791.6 thousand$791,600	1
91	Stock Transport, Inc, Highland	$785.7 thousand$785,655	1
92	Metro Contract Services Inc., Madison	$777.0 thousand$776,960	1
93	Young Men's Christian Association, Edwardsville	$773.2 thousand$773,200	1
94	Young Men's Christian Association, Edwardsville	$773.2 thousand$773,162	1
95	Joiner Sheet Metal & Roofing, Inc., Highland	$768.9 thousand$768,945	1
96	Waggoner Equipment Rentals, LLC, Wood River	$762.9 thousand$762,900	1
97	Fairmount Park Inc., Collinsville	$743.5 thousand$743,485	1
98	Madison Mutual Insurance Company, Edwardsville	$738.6 thousand$738,600	1
99	Roberts Motors, Inc, Alton	$737.2 thousand$737,191	1
100	Mary Mac, Inc., Edwardsville	$729.2 thousand$729,200	1

How the list is drawn

100 of the 7,172 borrowers ranked in Madison 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.
A borrower is ranked here when SBA recorded its first loan in Madison 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

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 September 23, 2026

Madison County, as of September 30, 2024

The largest borrowers in Madison County · 2020–21

How the list is drawn

Related

Sources