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 2020 in ZIP Code 61604
| Name of Borrower | Current Approved Amount |
|---|---|
| The Center for Youth and Family Solutions | $3,416,100 |
| Peoria Hospitals Mobile Medical Services | $3,254,000 |
| Heartland Community Health Clinic | $1,900,000 |
| Mercedes Restaurants, Inc. | $1,352,195 |
| Polar Block Sales, Inc. | $705,200 |
| Community Workshop and Training Center, Inc. | $668,400 |
| Summit Masonry & Stoneworks, Inc. | $589,200 |
| Maurer-Stutz, Inc. | $530,800 |
| Peoria Forrest Hill Development Company | $441,300 |
| Associated Oral and Maxillofacial Surgeons of Peoria, Ltd. | $411,400 |
| Neal Auto Parts, Inc. | $387,000 |
| Hoi Vending, Inc. | $363,135 |
| St. Philomena's Roman Catholic Congregation of Peoria, Illin | $362,900 |
| Four-Most, Inc. | $338,000 |
| Peoria Midwest Equipment, Inc. | $320,700 |
| Eagle Recovery Associates, Inc. | $303,534 |
| Koenig Body & Equipment, Inc. | $303,200 |
| Barr Landscaping & Lawn Service, Inc. | $298,800 |
| TJM Foods, Inc. | $269,600 |
| River City Roofing Company, Inc. | $267,300 |
| Benchmark Cabinets & Millwork, Inc. | $257,000 |
| St. Francis Woods, LLC | $247,500 |
| Philippi-Hagenbuch, Inc. | $240,200 |
| Connected, Inc. | $240,037 |
| RCR Kuche, LLC | $228,900 |
| Nena Hardware, Inc. | $228,700 |
| Diversified Mechanical, Inc. | $224,260 |
| Beachlers, Inc. | $218,900 |
| Haddads' West Peoria Market | $216,800 |
| American Pharmacy of Illinois, Inc. | $212,400 |
| Welarco Fabrications, Inc. | $179,700 |
| Walker Excavating Company, Inc. | $176,525 |
| Stephens Auto Glass, Inc. | $157,400 |
| Bobcat of Peoria, Inc. | $157,200 |
| Pro Edge, Inc. | $153,310 |
| Sharp Holdings Total | $152,700 |
| The First Federated Church of Peoria | $130,900 |
| Wright & Salmon Mortuary, Inc. | $127,400 |
| Whitney & Associates, Inc. | $122,900 |
| Meister Electric, Inc. | $117,000 |
| St. Paul Baptist Church of Peoria | $116,600 |
| Stephen P. Kelly, Attorney at Law, LLC | $112,700 |
| Cardiac Thoracic and Endovascular Therapies School | $109,700 |
| TRI County Animal Emer Clinic, PC | $102,000 |
| Blackshor Snow Removal and Excavating, Inc. | $100,300 |
| Power Systems Solutions, Inc. | $99,100 |
| Peoria Typewriter Company | $98,370 |
| Peoria Heights Plumbing, Inc. | $98,100 |
| Scissors for Hair, Inc. | $85,900 |
| St. Pauls Episcopal Church | $82,500 |
| Meister Bros., Inc. | $80,500 |
| Spitfire Energy Conservation Specialists, Inc. | $79,805 |
| GRE Property Management, Inc. | $72,600 |
| Agatucci's Restaurant, Inc. | $72,200 |
| Kevin T Nelson Ltd., D.D.S. | $71,900 |
| GH & SK, LLC | $70,000 |
| Geebees, Inc. | $68,200 |
| Childers Consultant Group, Inc. | $67,500 |
| Childers Banquet & Catering Center, Inc. | $63,700 |
| Hokkaido Restaurant | $63,572 |
| Ledbetter Insurance Agency, Inc. | $62,200 |
| Family Medical Equipment and Supply Company, Inc. | $61,800 |
| Universalist Unitarian Church of Peoria | $61,653 |
| George H Rump Construction Company | $61,217 |
| Hokin-Jacobs Enterprises, Inc. | $61,200 |
| Kids First Media, Inc. | $60,600 |
| Jim-Kou, Inc. | $55,400 |
| Chambers and Sons Landscaping, Inc. | $54,900 |
| Peoria Area Community Foundation | $54,700 |
| P & W / Airport, Inc. | $54,200 |
| Randy Begole State Farm Insurance Agency | $53,336 |
| Champs of Peoria, Inc. | $53,000 |
| Childers Eatery-University, Inc. | $52,500 |
| Sharp Holdings Payroll, Inc. | $52,100 |
| Klusendorf's SKY Harbor, Inc. | $52,100 |
| Auto Lane, Inc. | $51,600 |
| Chad Zike, LLC | $50,000 |
| Nate Hoagland, LLC | $45,700 |
| Clam1, Inc. | $45,300 |
| WW Ventures, LLC | $44,500 |
| Raber Packing Company | $42,757 |
| Peoria University Donuts, Inc. | $41,600 |
| Fresh Asian Market, Inc. | $41,000 |
| Cops Lock and Safe Technicians, Inc. | $40,300 |
| Vogue Dental Peoria, LLC | $37,900 |
| Upgrade, a Non-Profit Housing Corporation | $37,900 |
| Genovese Knife Company, Inc. | $37,800 |
| Timberlake Club of Peoria | $37,500 |
| Murals by Jericho, Inc. | $36,400 |
| Sab Donuts, Inc. | $34,828 |
| A. R. T. Mercantile, Inc. | $34,600 |
| Mother Lode Hospitality, LLC | $33,200 |
| Todd's Touch Lawncare, Inc. | $31,400 |
| Claygames, Inc. | $31,200 |
| Peoria Area Water Wizards, Inc. | $31,058 |
| Glen's Autobody, Inc. | $31,000 |
| Windowz4less, Inc. | $30,915 |
| Monzer K AL-Dadah, LLC | $30,700 |
| Marquette Clemmer | $29,200 |
| The Corn Stock Theatre | $29,100 |
| Law Office of Patrick Jennetten, PC | $27,900 |
| 3 E Petroleum, Inc. | $27,500 |
| Fosters Auto Service, Inc. | $27,252 |
| Armour, Inc. | $27,000 |
| Maxie Beauty Holdings, Inc. | $25,400 |
| Itoo Society Banquet, Inc. | $25,400 |
| Racks on the Rocks, Inc. | $25,200 |
| Mccormick Auto Place, Inc. | $24,855 |
| Country Hearth & Home | $24,754 |
| Woz-Ken, Inc. | $24,300 |
| University United Methodist Church of Peoria | $24,300 |
| Mid-Illinois Recovery, Ltd. | $24,227 |
| Bellevue Tap, Inc. | $23,300 |
| Heather Eash Plumbing, LLC | $22,800 |
| I Beauty Supply, Inc. | $22,500 |
| Farmington Enterprises, Inc. | $22,200 |
| Industrial Tool and Repair, Inc. | $22,000 |
| JV Business Services, Inc. | $21,700 |
| Imago Dei Church, Inc. | $21,700 |
| DH/mechanical, Inc. | $21,263 |
| Hari 207 Corporation | $21,090 |
| Eriall Alexander | $20,833 |
| Metallic Pearl, LLC | $20,681 |
| Johnny Ellis Automotive, Inc. | $20,517 |
| Michelle Coats | $20,500 |
| Eight Slice, Inc. | $20,200 |
| St. Francis Woods Management, LLC | $20,000 |
| Lacey Simmons | $20,000 |
| Philip Schertz | $19,931 |
| Rudy's Mexican Cantina and Grill, Inc. | $19,900 |
| Ron's Automotive | $19,800 |
| Fred's Shoe Repair | $19,700 |
| Machine Medics, LLC | $19,445 |
| Law Office of Damon Young, LLC | $19,300 |
| Aesthetics by Kari Jones, LLC | $18,800 |
| Davonna Manuel | $18,490 |
| Gary Irvin | $18,477 |
| Minehan, Inc. | $18,400 |
| Lakeshore Financial Group Peoria | $17,300 |
| Issa Group, Inc. | $17,042 |
| Mobile Maxx Storage & Moving, Inc. | $16,300 |
| Floyd Rashid, D.D.S. | $16,000 |
| Dorothy L. Greene | $15,084 |
| Amy Moeller | $14,900 |
| Norwood Pub-N-Grub | $14,800 |
| Coast To Coast Logistics | $14,585 |
| Linda 1, Inc. | $14,200 |
| With Woman Midwifery Service | $14,165 |
| Oz Ink Entertainment | $13,812 |
| Golden Kitchen | $13,500 |
| Western One Stop Gas, Inc. | $13,432 |
| Robert G. Day Attorney At Law Jr. | $13,325 |
| Justforfungames, Inc. | $13,320 |
| Archdesign, Ltd. | $13,200 |
| Innovative Cash Register Systems | $13,000 |
| Q Fashion Beauty Supply Peoria, Inc. | $13,000 |
| Fuel Zone | $12,792 |
| Artists Reenvisioning Tomorrow, Inc. | $11,915 |
| John's Automotive Repair Shop, LLC | $11,600 |
| Plank Road Liquor, LLC | $11,274 |
| Sanders Catering Service, Inc. | $11,155 |
| Jones Electrical Contractors, Inc. | $11,068 |
| The Trolley, Inc. | $10,700 |
| Hindu Temple of Central Illinois | $10,600 |
| Antwan Flowers | $10,200 |
| Bhagyoday Tobacco, Inc. | $10,200 |
| AZQ Corporation, Inc. | $9,890 |
| Farmington Food & Liquor, Inc. | $9,885 |
| Whiteys Tip Top INN | $9,675 |
| Ashley Insurance Services, Inc. | $9,600 |
| Dibec, Inc. | $9,500 |
| Sanany Group, Inc. | $9,382 |
| Ghantous Law Offices, Ltd. | $9,300 |
| Omar Restaurant, Inc. | $9,100 |
| Jukebox Comedy Club | $8,745 |
| Julie S. Bulfer | $8,700 |
| Jody L. Brown | $8,631 |
| Summer Oggero | $8,500 |
| All Star Dumpsters, LLC | $7,800 |
| Douglas Smith | $7,793 |
| King of Cuts | $7,597 |
| Patrick Miller | $7,534 |
| Rodney Nordstrom Attorney at Law | $7,365 |
| Western Avenue Cleaners, Inc. | $7,100 |
| Unsicker Farms | $7,100 |
| Errin Evans | $7,001 |
| Theo's Ice Cream, Inc. | $7,000 |
| Carren White | $6,930 |
| Stephanie Williamson-Russell | $6,900 |
| Kevin Carlson | $6,897 |
| Convenient Income Tax and Accounting, Inc. | $6,700 |
| Tina Marizetts | $6,700 |
| Jay Om, LLC | $6,200 |
| American Lawn Care | $6,120 |
| Khoury's Cuisine | $5,935 |
| Dr. Marianne Hoyle | $5,800 |
| Sterling Avenue Automotive | $5,700 |
| G&T Maintenance | $5,520 |
| Dhaif Allah & AL Wah, Inc. | $5,427 |
| Fiat Films, LLC | $5,407 |
| Hobin Appraisal Services | $5,300 |
| Oakwood Real Estate | $5,300 |
| Kerry Brown Trucking | $5,146 |
| Elizabeth K. Eugea | $5,000 |
| Benson's Automotive, Inc. | $5,000 |
| Wash-O-Rama, Inc. | $4,762 |
| Molly Haefli | $4,685 |
| Younger Than Yesterday | $4,600 |
| Highfill and Houch Enterprises, LLC | $4,275 |
| Farmington Road Auto Body, LLC | $4,100 |
| Sheridan Discount, Inc. | $4,052 |
| W&J Restaurants, Inc. | $3,600 |
| Shane A. Branan | $3,385 |
| Marquitta Flowers | $3,096 |
| New Adventure Tours, LLC | $3,075 |
| Trifecta Management, LLC | $3,000 |
| Nail Art | $2,800 |
| Matthew Psinas | $2,800 |
| Insulated Wall Systems, Ltd. | $2,700 |
| Fedoras Pizza and Gyros, Inc. | $2,600 |
| Noah 1, Inc. | $2,500 |
| Tony Ghantous Tailoring | $2,200 |
| Kelly Piechura | $2,200 |
| Latoya Coleman | $2,153 |
| Rosemary T. Buescher | $2,000 |
| O3 Baseball, LLC | $1,700 |
| Brenda Rager | $1,500 |
| Shauna Summers | $1,496 |
| Supreme Accounting & Tax Services, Inc. | $1,289 |
Alerts Sign-up