Duo Studios, Inc. received a Paycheck Protection Program loan between $350,000 to 1 million on June 30, according to the US Treasury Department.
There were 59 PPP loans issued in Illinois during the week ending July 5. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Lawndale Christian Health Center | 2020-06-29 | $5-10 million |
| Galesburg Hospital Corporation | 2020-06-29 | $2-5 million |
| Hospice of America, Inc. | 2020-06-29 | $2-5 million |
| Hospice of Ohio, LLC | 2020-06-29 | $1-2 million |
| Knox Clinic Corporation | 2020-06-29 | $1-2 million |
| Bailey Mechanical Corporation | 2020-06-29 | $350,000-1 million |
| Elburn Market, Inc. | 2020-06-29 | $350,000-1 million |
| Hospice Care of the Northwest, LLC | 2020-06-29 | $350,000-1 million |
| Hospice Community Care, LLC | 2020-06-29 | $350,000-1 million |
| Lombard Hotel Owner Specialist, LLC | 2020-06-29 | $350,000-1 million |
| SRT Express, Inc. | 2020-06-29 | $350,000-1 million |
| United States Brass & Copper Company | 2020-06-29 | $350,000-1 million |
| URT Keystone, Inc. | 2020-06-29 | $350,000-1 million |
| Bijan Corporation | 2020-06-29 | $150,000-350,000 |
| Chicago Festival Maintenance, LLC | 2020-06-29 | $150,000-350,000 |
| Country Club of Decatur | 2020-06-29 | $150,000-350,000 |
| Credit Honor, LLC | 2020-06-29 | $150,000-350,000 |
| Henderson Dental Lab | 2020-06-29 | $150,000-350,000 |
| Highlander Improvement Company | 2020-06-29 | $150,000-350,000 |
| Hospice Care of the Rockies, LLC | 2020-06-29 | $150,000-350,000 |
| Hospice Community Care of Nebraska, LLC | 2020-06-29 | $150,000-350,000 |
| Lucky Trucking, Inc. | 2020-06-29 | $150,000-350,000 |
| Novak International Logistics, Inc. | 2020-06-29 | $150,000-350,000 |
| Taurus Auto Group, Inc. | 2020-06-29 | $150,000-350,000 |
| The Chicago Foundation for Women | 2020-06-29 | $150,000-350,000 |
| URT United Road Towing, Inc. | 2020-06-29 | $150,000-350,000 |
| Vortex Manufacturing, Inc. | 2020-06-29 | $150,000-350,000 |
| Adeliia Klinkova | 2020-06-30 | $1-2 million |
| Bridgeway Senior Living, LLC | 2020-06-30 | $1-2 million |
| Roman Klinkov | 2020-06-30 | $1-2 million |
| 1022 South Shady Grove, LLC | 2020-06-30 | $350,000-1 million |
| Alum-I-Tank, Inc. | 2020-06-30 | $350,000-1 million |
| Amber Engineering and Manufacturing Company | 2020-06-30 | $350,000-1 million |
| Duo Studios, Inc. | 2020-06-30 | $350,000-1 million |
| Garth Construction Services Corporation | 2020-06-30 | $350,000-1 million |
| Independent Health Resources | 2020-06-30 | $350,000-1 million |
| Ruben E. Smith Const. And R&R, Inc. | 2020-06-30 | $350,000-1 million |
| Sunrise Tree Company, Inc. | 2020-06-30 | $350,000-1 million |
| The Hot Sauce Boss Incorporated | 2020-06-30 | $350,000-1 million |
| Always Faithful Dog Training | 2020-06-30 | $150,000-350,000 |
| Arteaga Landscapes & Erosion Control, LLC | 2020-06-30 | $150,000-350,000 |
| Busch Farms, Ltd. | 2020-06-30 | $150,000-350,000 |
| Car Kare, Inc. | 2020-06-30 | $150,000-350,000 |
| CMD Conveyor, Inc. | 2020-06-30 | $150,000-350,000 |
| Easy Tissues Limited Liability Company | 2020-06-30 | $150,000-350,000 |
| Elite Recovery Solutions, Inc. | 2020-06-30 | $150,000-350,000 |
| Ernest Ramirez | 2020-06-30 | $150,000-350,000 |
| Falcon Green Resources, Inc. | 2020-06-30 | $150,000-350,000 |
| Garcia Auto Service | 2020-06-30 | $150,000-350,000 |
| Glencoeanimalhospital | 2020-06-30 | $150,000-350,000 |
| Kyowa Industrial Company, USA, Ltd. | 2020-06-30 | $150,000-350,000 |
| MKH, Inc. | 2020-06-30 | $150,000-350,000 |
| Montellwilson, LLC | 2020-06-30 | $150,000-350,000 |
| One Time Auto Finance, Inc. | 2020-06-30 | $150,000-350,000 |
| Premier Hospitality, LLC | 2020-06-30 | $150,000-350,000 |
| Professional Dynamic Network, Inc. | 2020-06-30 | $150,000-350,000 |
| Runtime Verification | 2020-06-30 | $150,000-350,000 |
| Shark Properties | 2020-06-30 | $150,000-350,000 |
| Sternmaid America, LLC | 2020-06-30 | $150,000-350,000 |
