Glenview Businesses Receive Millions In Small Business Loans
GLENVIEW, IL — The U.S. Small Business Administration released a list of businesses — including many in Glenview — approved for federal payroll protection loans under the Paycheck Protection Program. This disclosure covers each of the 4.9 million PPP loans that have been made since April, according to a press release. The program was set up to assist businesses in moving forward during the coronavirus pandemic.
"The PPP is providing much-needed relief to millions of American small businesses, supporting more than 51 million jobs and over 80 percent of all small business employees, who are the drivers of economic growth in our country," U.S. Treasure Secretary Steven T. Mnuchin said in the release.
The average loan size is approximately $100,000, according to Mnuchin, "demonstrating that the program is serving the smallest of businesses."
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The release includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges. Some Glenview businesses began receiving loans as early as April 4.
After initially refusing to disclose the recipients of the federal relief, the agencies relented following lawsuits from media organizations and provided the names of all businesses that borrowed more than $150,000, accounting for about three quarters of the money distributed.
Below is a list of Glenview businesses that received at least $1 million in loans. The complete list of all loans received by local businesses can be found here.
GLENVIEW BUSINESSES RECEIVING $5-10 MILLION LOAN RANGE
Journeycare, Inc. — 500 jobs retained
Liability Company (LLC) Hoogland Foods, LLC — 500 jobs retained
GLENVIEW BUSINESSES RECEIVING $2-5 MILLION LOAN RANGE
All Ways Auto Transport LLC — 103 jobs retained
American College of Chest Physicians — 109 jobs retained
Dimension Design Inc — 156 jobs retained
Family Guidance Centers, Inc. — 413 jobs retained
Fertility Centers of Illinois, S.C. — 272 jobs retained
Select PT, OT & SLP Rehabilitation NY, PLLC — 454 jobs retained
GLENVIEW BUSINESSES RECEIVING $1-2 MILLION LOAN RANGE
CFIT Holding Corporation — 292 jobs retained
Dreamworks Graphic Communications — 65 jobs retained
DRL Enterprises, Inc. — 48 jobs retained
Evans Scholars Foundation — 74 jobs retained
Fields Jeep Inc. — 32 jobs retained
Fraternal Enterprises Limited Partnership — 54 jobs retained
Glenview Terrace Nursing Center — 400 jobs retained
Jennings Chevrolet, Inc — 100 jobs retained
L. Marshall Inc. — 36 jobs retained
Lexglen Inc. — 92 jobs retained
March Manufacturing, Inc — 55 jobs retained
R.A. Zweig, Inc. — 111 jobs retained
Republic Tobacco, L.P. — 100 jobs retained
Ryan Building Group Inc — 86 jobs retained
The Abington of Glenview Nursing & Rehab LLC — 178 jobs retained
The Catholic Bishop of Chicago — 122 jobs retained
Top Tobacco, L.P. — 80 jobs retained
VIOS Global, LLC — 126 jobs retained
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This article originally appeared on the Glenview Patch