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 61607
| Name of Borrower | Current Approved Amount |
|---|---|
| H & S Mechanical, Inc. | $1,428,600 |
| Entec Services, Inc. | $1,287,700 |
| Peoria Metro Construction, Inc. | $904,000 |
| Assured Transportation Services, Inc. | $903,000 |
| Thompson Electronics Company | $834,000 |
| N. E Finch Company | $654,400 |
| Redbud Ridge Custom Shop, Inc. | $588,600 |
| Central Illinois Electrical Services, LLC | $532,700 |
| Associates in Dentistry, LLP | $489,644 |
| Pia Avcenter, LLC | $434,113 |
| Koener Electric, Inc. | $412,600 |
| Track Services, Inc. | $329,000 |
| Absolute Staffing, Inc. | $293,000 |
| Classy Grass, Inc. | $250,000 |
| Midwest Construction Services of Peoria, Inc. | $248,800 |
| Vertical Software, Inc. | $248,400 |
| Walter Brothers Harley-Davidson, Inc. | $207,400 |
| Learning Connections of Bartonville | $201,600 |
| Loyalty Publishing, Inc. | $200,000 |
| Meister Plumbing, Inc. | $179,600 |
| General Power Construction Company | $157,016 |
| Corporate Clean, Inc. | $144,600 |
| Armitage Machine Company, Inc. | $135,600 |
| Kelly Presley, LLC | $134,700 |
| Alpha Park Library | $131,227 |
| The Auto Link, Inc. | $123,400 |
| Cdac, Inc. | $115,800 |
| Pour Bros. Company | $110,900 |
| Murray Granite & Marble Works, Inc. | $110,600 |
| Peoria Barge Terminal, Inc. | $106,200 |
| Network Harbor, Inc. | $96,000 |
| CJH Parkplace, LLC | $87,255 |
| Fleming Door and Window Company | $76,800 |
| Bartonville Hardware Company, Inc. | $74,500 |
| Tracy's Affordable Automotive, Ltd. | $67,600 |
| Terry's Pizza, Inc. | $65,500 |
| F. C. I Excavating, Inc. | $60,400 |
| The Cleaning Source Peoria, LLC | $53,462 |
| Hanson Industrial Peoria, Inc. | $53,300 |
| Steve's Automotive, Inc. | $48,200 |
| Semmco, Inc. | $47,230 |
| Terry's Window Cleaning, Inc. | $45,100 |
| Superior Autobody + Refinishing, Inc. | $44,200 |
| Echo Valley Meats, Inc. | $43,200 |
| Surveillance Technologies, LLC | $43,000 |
| Dream Hut | $42,200 |
| Lannert Chiropractic Center | $41,700 |
| Kelly Cloyd Insurance Agency, Inc. | $41,400 |
| Coyote Creek Golf Club, LLC | $40,600 |
| Bartonville Insurance Agency, Inc. | $40,590 |
| Good Tequilas Bartonville, Inc. | $36,400 |
| Mike Fauser Plumbing, Inc. | $34,200 |
| Jim's Family Restaurant | $32,305 |
| Bethel Lutheran Church | $32,000 |
| Ron's Tractor Trailer Repair, LLC | $31,400 |
| Anisa, Inc. | $31,400 |
| Dizzy Deans, Ltd. | $29,500 |
| Peacock's Pub, Inc. | $28,750 |
| The Billboard Bistro, Inc. | $28,500 |
| Grindstone Group, LLC | $27,600 |
| Canam B&R, Inc. | $27,175 |
| St. Anthony Roman Catholic Congregation of Bartonville, IL | $23,460 |
| Common Sense Software, Incorporated | $23,077 |
| Christopher E. Cooper | $21,747 |
| Heller Video, Inc. | $21,468 |
| Asian-American International, Inc. | $21,000 |
| Techworks SMB, Inc. | $20,851 |
| Michelle Roddy | $20,832 |
| Bradley J. Belser | $20,832 |
| Kelly Rupp | $20,830 |
| Pizza Dave's, Inc. | $20,200 |
| Lifeline, Inc. | $19,660 |
| R Fred Monroe Excavating, Inc. | $19,500 |
| Sewell Bros Tree Experts, Inc. | $19,385 |
| Kyle Samuels | $19,275 |
| Jennifer Lynn Hattermann | $19,013 |
| Alex Heuermann & Son Builders, Inc. | $16,500 |
| Bartonville Quickstop, LLC | $16,400 |
| Seibel Insurance Agency | $16,000 |
| John J. Pallardy | $15,810 |
| Gf Weaver Consulting | $15,800 |
| M & G Concrete, LLC | $15,762 |
| Honegger Sign Company | $15,500 |
| Justin Parr Insurance and Financial Services | $15,375 |
| Home-Technician Service Company | $15,166 |
| Bartonville Express Lube & Auto Service | $14,257 |
| Verado Construction, LLC | $13,400 |
| Miriam Rosenbohm | $13,200 |
| Bartonville Post 3883, Veterans of Foreign Wars of the Unite | $13,100 |
| Otter Distribution, LLC | $13,000 |
| Brian Allen Construction | $12,961 |
| Jim Lynn Distributing | $12,640 |
| Little Angel's Daycare | $11,820 |
| Anna M. Bart | $11,185 |
| Marshall's Tap Incorporated | $10,800 |
| Shawn Byran Insurance | $10,617 |
| Frederick and Miriam Rosenbohm PRTN | $10,500 |
| Limestone Publishing, Inc. | $9,997 |
| Independent Concrete Services, Inc. | $9,759 |
| Bartonville Chiropractic Offices, PC | $9,280 |
| Vice Investments, LLC | $9,200 |
| Ray A. Dornberger | $8,700 |
| Jim Dandy Lounge, Inc. | $8,674 |
| New Covenant Church of God | $8,200 |
| Cheryl A. Schlumpf | $7,004 |
| CDBG Enterprises, Inc. | $6,230 |
| Misty Medvesky | $6,224 |
| Kat Sanara Salon | $6,205 |
| Milz 23, LLC | $5,500 |
| Jeffrey A. Colgan | $4,630 |
| Kayla Jones | $4,300 |
| Him J. Woodworking | $4,200 |
| Tyler's Lawn Care, Inc. | $4,000 |
| Jillian Parks | $3,510 |
| Debra J. Dickerson | $3,367 |
| Artistic Touch Salon & Spa, LLC | $3,200 |
| Kristen M. Bitner | $3,125 |
| Smith Custodial Services, Inc. | $3,100 |
| Melissa M. Weller | $3,100 |
| Route 24 Gun & Pawn, Inc. | $3,055 |
| Johnny L. Helems | $2,900 |
| Connor Custom Touch | $2,780 |
| James Cusey | $2,730 |
| Wayne C Palmer, Inc. | $2,506 |
| Deborah Hougland-Cusey | $2,330 |
| Amy Schmidgall | $2,241 |
| Ming Shee's | $2,100 |
| Melissa Condre | $2,004 |
| Tasha Taylor | $1,862 |
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