Who In Illinois Received Ppp Loans?

FederalPay.org offers a more advanced PPP loan search.

Company Name City PPP Loan
American Lung Association CHICAGO $8,028,215
National Council Of Young Men’s Christian Association Of The CHICAGO $8,040,007
Ascher Brothers Co., Inc CHICAGO $8,044,800
Bergstrom Inc ROCKFORD $8,100,000

How many payroll Protection Program Loans were made in Illinois?

Through the Payroll Protection Program, a total of 27,412 loans totaling at least $150K were made in Illinois. Take a look at who received what. Following the COVID-19 shutdowns and economic limitations, the Small Business Administration provided information about those who received Payroll Protection Program loans in order to keep employees on the payroll during those periods.

What is a PPP loan?

  1. What exactly is a public-private partnership loan?
  2. A PPP loan is a loan sponsored by the Small Business Administration that assists firms in keeping their workforces employed amid the COVID-19 crisis.
  3. According to the Small Business Administration, the Paycheck Protection Program will be phased down on May 31, 2021.

It is possible to check up dollar allotments by industry and lender in our searchable database.

What is the Paycheck Protection Program (PPP)?

  1. PPP monies were included in the $2 trillion federal CARES Act — the Coronavirus Aid, Relief, and Economic Security Act — which was enacted by Congress in March and provides funds for the establishment of the Paycheck Protection Program, often known as PPP.
  2. The financial lifeline program was designed to assist firms in keeping employees on the payroll while also covering certain overhead expenditures.

Who in Illinois received PPP loans during the pandemic?

Illinois has 27,412 borrowers who each received a loan worth at least $150,000. The Small Business Administration did not identify any recipients who received less than that amount.

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Can you search people who got a PPP loan?

If you’re wanting to see who has received EIDL grants, EIDL loans, or PPP loans, the SBA has made recipient data available to the public through its website.

Will PPP loan recipients be made public?

The Small Business Administration (SBA) issued loan information for PPP borrowers who earn less than $150,000 Wednesday night. This information was kept under wraps until a federal lawsuit forced the Small Business Administration to make it public. When combined with previously published information, all PPP loans have now become public knowledge.

How do I find out who my PPP is?

The Lender number may be found on the copy of the loan documentation that you have signed and returned to the lender. The application number would have been sent to you by e-mail if you had been assigned an EIDL, on the other hand. The Bank does not have access to this information because the program was handled by the Small Business Administration (SBA).

Can I track my PPP loan?

In the event that you applied for your PPP loan through Womply, you may check the progress of your loan application at https://www.womply.com/ppp-status/. If you did not submit your application through Womply, you will need to contact your SBA-approved lender and get an update on your application’s status.

How do I find out if someone has a PPP loan in my name?

One method to find out is to pull your credit reports from all three bureaus. Seeing a hard inquiry from the SBA (Small Business Administration) signifies you have had your credit pulled because you submitted a PPP or EIDL application to one of the participating banking institutions. For further information, you’ll need to get in touch with the Small Business Administration.

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Can you go to jail for 20000 PPP loan?

It makes little difference if a PPP loan fraud case involves thousands, hundreds of thousands, or millions of dollars; offenders in these cases can face jail sentences. If there is evidence of fraud, persons can be sentenced to prison for a $20,000 PPP loan, just as they can be sentenced to prison for a $100,000 or $1 million PPP loan.

How many PPP loans can you get?

There is a restriction of one PPP loan per tax identification number. If your second firm has its own EIN that is distinct from your first, it is also able to apply for the PPP.

Are PPP loans public knowledge?

What information on the PPP loan is readily available to the general public? The Small Business Administration (SBA) maintains a public database on their website where you may obtain information on the PPP loan.

Is PPP information public?

PPP Loans Are Public Information.

How do I check the status of my SBA loan?

  1. Inquire at 1-800-659-2955 (the SBA Disaster Assistance customer service line) if you have any concerns regarding the application process, the status of your loan, or any other issues you are experiencing.
  2. If you submitted your application through the COVID-19 portal, the SBA will contact you; nevertheless, you may be able to obtain answers by contacting the toll-free number provided by the site.

How do I check the status of my SBA loan online?

Through the SBA’s website, you may apply online. Use the email address or username and password that you used to register for your online application to connect into the SBA Economic Injury Disaster Loan Portal as well. Upon logging in, you’ll be able to see the current status of your loan application.

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How do I contact harvest about my PPP loan?

Please send an email to [email protected] if you have any general questions or concerns about the PPP.

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