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 62626
| Name of Borrower | Current Approved Amount |
|---|---|
| Karmak, Inc. | $3,680,585 |
| M & M Service Company | $2,914,225 |
| Carlinville Area Hospital Association | $2,510,637 |
| Blackburn University | $1,423,100 |
| Illinois District Council of the Assemblies of God | $774,800 |
| M. J. M. Electric Cooperative | $705,920 |
| Macoupin County Maple Street Clinic | $700,000 |
| Central Illinois Steel Company | $555,000 |
| J. Oros Environmental, Inc. | $461,300 |
| Joseph F. Boente Sons, Inc. | $452,375 |
| Area Diesel Service, Inc. | $450,846 |
| Locust Street Resource Center | $384,300 |
| H & H Transit, Inc. | $267,000 |
| H & S Management, Inc. | $261,332 |
| Central Machining, Inc. | $249,784 |
| Wills Milling and Hardwood, Inc. | $214,405 |
| Hallmark Healthcare of Carlinville, LLC | $213,678 |
| Plaza Truck Service and Equipment, Inc. | $210,250 |
| JT Subs, LLC | $197,022 |
| The Cubby Hole of Carlinville, Inc. | $186,924 |
| Teen Challenge Illinois | $169,300 |
| Nicolas E Kravanya, LLC D.M.D. | $164,900 |
| Bates Motor Company | $150,352 |
| TKNG Transportation, Inc. | $150,000 |
| Devarim64, LLC | $142,200 |
| Carlinville Truck Equipment, Inc. | $141,917 |
| Michelle's Pharmacy, Inc. | $127,112 |
| Integrated Media, Inc. | $120,707 |
| Bright Smiles Dentistry | $114,700 |
| Carlinville Health & Prescription Services, Inc. | $92,862 |
| Cisco Trucking Company | $91,250 |
| Eyecare of Carlinville, P.C. | $86,814 |
| Carlinville Southern Baptist Church | $81,575 |
| Children's Garden Learning Center, LLC | $75,580 |
| Double E Publishing, LLC | $73,294 |
| Kufa & Son, Inc. | $70,072 |
| Carlinville Plaza Cafe, Inc. | $67,600 |
| Gibbel Home Services, Inc. | $65,608 |
| Boehm Farms | $65,537 |
| Victory Lane Motors, Inc. | $64,620 |
| Robinson Electric | $62,520 |
| Carlinville Medical Clinic | $60,283 |
| Wall Street Financial Group, Inc. | $60,177 |
| Macoupin Vertinary Services, LLC | $57,935 |
| B & J Service Center, Inc. | $57,613 |
| Starr Electric, Inc. | $57,500 |
| Davis-Anderson Funeral Homes, Ltd. | $54,977 |
| Vesper Granite, Inc. | $51,290 |
| The Cottages of Carlinville | $50,080 |
| Gold Mine Gaming, LLC | $48,510 |
| Macoupin County Asphalt, Inc. | $48,429 |
| Tieman Construction, Inc. | $47,895 |
| Pj's Tire & Service, Inc. | $47,620 |
| LLCHoldings, LLC | $47,112 |
| Jacqueline Brandenburg-Rees | $46,522 |
| Gary D Edwards Insurance Agency, Inc. | $44,735 |
| A & F, Ltd. | $42,621 |
| SDMC, LLC | $41,540 |
| Griffith Plumbing & Heating, Inc. | $41,080 |
| Maxi-Yield Consultant Service | $40,400 |
| Starr's Primal Meats & Package Liquor, Inc. | $40,215 |
| Sol DE Mexico of Carlinville, Inc. | $39,228 |
| Eichen Lumber Company, Inc. | $38,919 |
| Macoupin Center for the Developmentally Disabled | $37,500 |
| Marcus Davis Lawncare | $36,892 |
| Goodman Agency, Inc. | $36,500 |
| Verticchio Services, Inc. | $35,062 |
| Nick's Pizza & Italian Restaurant | $35,037 |
| Glenn Insurance Agency, Inc. | $33,035 |
| Oswald Insurance & Financial Services, Inc. | $32,141 |
| Raymond Huyear Jr. | $31,059 |
| Legends 825, LLC | $31,037 |
| Walden CPA Office | $30,347 |
| Alton Subs, LLC | $29,392 |
| St. Pauls United Church of Christ | $29,320 |
| Tiburzi Chiropractic, PC | $28,730 |
| Stayton Construction, LLC | $28,487 |
| Central Illinois Storage, LLC | $28,400 |
| Gustav Heinz Furniture Company | $27,707 |
| Bradley A. Barkley | $27,372 |
| Unified Child Advocacy Network | $27,289 |
| Guthrie Wynn Insurance Agency | $27,033 |
| Tim Nelson | $26,960 |
| Rhodes Farms, Inc. | $26,950 |
| Larry D. Rhodes | $25,839 |
| Heavy Metal Maintenance, Inc. | $25,720 |
| Carlinville United Methodist Church | $24,860 |
| Fenton Family Chiropractic, P.C. | $24,302 |
| Robert Boente | $24,190 |
| Carlinville First Assembly of God | $23,942 |
| D&D Fitness, LLC | $23,900 |
| R & R Farms, Inc. | $23,890 |
| Lange Title Records Company | $23,700 |
| Big Dog Contruction Company, LLC | $23,477 |
| Aaron E. Bellm | $23,196 |
| Schmidt Trucking, LLC | $23,187 |
| Triple D Farms, Inc. | $23,015 |
| Davis-T Automotive Services, Inc. | $22,707 |
| Lou's Automotive and Performance | $22,400 |
| Denby Law | $22,395 |
| Saints Mary & Joseph Catholic Church | $22,328 |
| Area Heating and Air Conditioning, Ltd. | $21,875 |
| Jason M. Boente | $21,305 |
| Wayne & Gregory Joiner Farm Partnership | $21,165 |
| Macs Automotive and Tire | $20,900 |
| David Costello | $20,833 |
| Jared Ruyle | $20,833 |
| Derek Stayton | $20,833 |
| Brent & Molly Rosentreter | $20,833 |
| Patrick Kalaher | $20,833 |
| Robert C. Hammann | $20,833 |
| Dalton Sanson | $20,833 |
| Justin Boente | $20,832 |
| Mark Frankford | $20,832 |
| Chris C. Hammann | $20,832 |
| Jered Boehm | $20,832 |
| Eric W. Boehm | $20,832 |
| Carlinville Glass Cutters | $20,832 |
| The Body Depot Spa And Salon | $20,832 |
| Edward L. Kalaher | $20,832 |
| Rodney A. Killam | $20,602 |
| RJM Enterprises, LLC | $20,554 |
| Abella's, Inc. | $20,517 |
| Anchor INN Tavern, Inc. | $20,298 |
| Gibbel Construction, Inc. | $20,182 |
| Hutson Plumbing, LLC | $19,984 |
| Arnett Equipment | $19,300 |
| Dowland Financial Services, Inc. | $19,289 |
| Bliss Salon & Spa, Inc. | $18,908 |
| Dennis Bouillon | $18,485 |
| Red Room Salon | $18,419 |
| TRI State Satellite | $18,200 |
| Quality Title & Abstract Company of Central Illinois | $18,187 |
| Coco Bongo | $18,000 |
| Sanson Farms, Inc. | $17,765 |
| R Factor Insulation | $17,557 |
| St. Paul's Episcopal Church | $17,465 |
| Armour Farms, Inc. | $16,840 |
| David Kirkland | $16,777 |
| Fred Emery | $16,717 |
| Alexander Leefers | $16,220 |
| D & M Distributors of IL, Inc. | $16,034 |
| Four Seasons Agriculture, Inc. | $15,540 |
| Dobrinich and Johns Brick, LLC | $15,352 |
| P. M. Machine and Fabrication, LLC | $15,337 |
| Hawthorn Tree, Inc. | $15,142 |
| Kahl's Greenhouse | $15,117 |
| Leefers Farm, Inc. | $15,045 |
| Scheldt Brothers Auto Body, Inc. | $14,950 |
| Mike Broderick's Trucking | $14,900 |
| Randy Wills Trucking, Inc. | $14,735 |
| Bloome Water | $14,603 |
| Ralph L. Totsch | $14,450 |
| Stayton & Stayton | $13,562 |
| Zion Evangelical Lutheran Church of Carlinville ILL | $13,500 |
| Michael Eichen | $13,202 |
| Rosentreter Farm Enterprises, LLC | $13,195 |
| Crabbys, Inc. | $13,165 |
| Wonder Green, Inc. | $12,835 |
| My Sister's Closet 2, LLC | $12,595 |
| Blake E. Leefers | $12,576 |
| Scott Wills | $12,415 |
| Awesome INK Incorporated | $12,372 |
| Nathan Buchanan | $12,300 |
| Spin 2 Win, Inc. | $12,217 |
| Joseph T. Campbell | $11,683 |
| J Boente Financial Services, LLC | $11,466 |
| Ruyle & Sims Attorneys at Law | $11,200 |
| William Cord Leefers | $11,152 |
| Linda Walden | $10,697 |
| Computer Accounting, LLP | $10,282 |
| SNND, Inc. | $10,000 |
| Lynn D. Etter | $9,900 |
| Koster Construction, LLC | $9,625 |
| Adhocs, 2000 | $9,593 |
| Jeffrey Boston | $9,375 |
| Julie A. Leefers | $9,102 |
| Ricchiardi Home Construction | $9,000 |
| Urban Village Florist, Inc. | $8,900 |
| Gibbel Appraisal Service, Inc. | $8,125 |
| Paul C. Rosentreter | $8,100 |
| Baha Investments, Inc. | $8,010 |
| Connor Schmidt | $7,988 |
| Kelly Schmidt Farms, Inc. | $7,805 |
| Lotus Hotels, LLC | $7,800 |
| Broom Orchard, Inc. | $7,660 |
| Taylor Wills | $7,615 |
| Happy Dog Stay-N-Play Daycare and Learning Center, Inc. | $6,442 |
| Neil Bruce | $6,338 |
| JK Agent Repair, LLC | $6,103 |
| Geninatti Gym | $5,825 |
| Staci Behme | $5,781 |
| Huong Mai Tran | $5,737 |
| Charity Baptist Church | $5,707 |
| Jasen L. Clevenger | $5,605 |
| Shawn Davis | $5,524 |
| David D. Slightom | $4,497 |
| Roger Suhling | $4,401 |
| Danette P. Stewart | $4,337 |
| Campbell Construction & Drywall | $4,322 |
| Lonny W. Rhodes | $4,167 |
| Frank Bates | $4,137 |
| Anything Goes Family Salon | $4,117 |
| Maya S. Reid Health Coach | $3,930 |
| Tanner Clagg | $3,927 |
| Meghan Boente | $3,800 |
| The Bullpen | $3,700 |
| Connie Morin | $3,600 |
| Brady Fish | $3,520 |
| Christopher G. Gibbel | $3,300 |
| Zain Kinser | $3,231 |
| Lyndell Roth | $3,219 |
| Randall Duncan | $3,200 |
| Stayton Farms, LLC | $3,117 |
| Carlinville Country Club | $3,000 |
| Kevin Bone | $2,862 |
| James C. McLaughlin | $2,480 |
| Patrick Drew | $2,430 |
| Pixie Salon | $2,300 |
| John R. Boehm | $1,762 |
| Jeffrey Still | $1,750 |
| Valerie Bettis | $1,452 |
| Gregory W. Joiner II | $1,117 |
| KSLMMJ, Inc. | $990 |
| Dogden Stores | $865 |
| Debs Ceramics | $722 |
| Acorn Counseling and Mediation, Ltd. | $667 |
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