These Darien Businesses Got Federal Payroll Loans

Hinsdale IL

09 July, 2020

6:02 PM

Description

DARIEN, IL — The U.S. Small Business Administration released a list of businesses — including those in Darien — 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 average loan size is approximately $100,000, a federal government news release says, "demonstrating that the program is serving the smallest of businesses." After initially refusing to disclose the recipients of the federal relief, the government 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. Dozens of Darien businesses were listed in the government's database for the Payroll Protection Program, helping retain hundreds of jobs. Here is the information provided by the Small Business Administration: Darien businesses receiving $5 million to $10 million None listedDarien businesses receiving $2 million to $5 million GP Transportation — 217 jobs retainedWight & Company — 187 jobs retainedDarien businesses receiving $1 million to $2 million None listedDarien businesses receiving $350,000 to $1 million Brookhaven Marketplace — 60 jobs retainedDuPage Pediatrics — 35 jobs retainedEKCC — 22 jobs retainedLife Quotes — 75 jobs retainedRapid Exchange — 25 jobs retainedRAS Data Services (no jobs information)Single Source — 24 jobs retainedTroost Cemeteries — 69 jobs retainedUniversity Dermatology and Vein Clinic — 27 jobs retainedDarien businesses receiving $150,000 to $350,000 Blue Line Design & Construction — 12 jobs retainedBurr Ridge Veterinary Clinic — 28 jobs retainedCattaneo Electric Co. — 11 jobs retainedCelci Trans (no jobs information)Common Sense Solutions — 27 jobs retainedDeering Services — 14 jobs retainedForfar and Associates Oral Surgery — 9 jobs retainedFrancenter — 48 jobs retainedGMR Xpress — 10 jobs retainedHansen, Plahm & Co. — 13 jobs retainedHayden and Co. (no jobs information)JI Industries — 26 jobs retainedK & B Financial — 14 jobs retained KED — 33 jobs retainedKindredonore — 62 jobs retainedModell Funeral Home (no jobs information)Our Lady of Peace Parish — 48 jobs retainedPantheon Student Solutions (no jobs information)Patio Restaurant of Darien — 62 jobs retainedPreferred Network Access — 19 jobs retainedPremier Property Improvements (no jobs information)Prestige Transportation — 11 jobs retainedPrime Installations — 6 jobs retainedRK Academy — 36 jobs retainedRonald W. Goers DDS — 22 jobs retainedSnyder Insurance & Financial Services — 20 jobs retainedSociety of the Little Flower — 24 jobs retainedSterling Services — 40 jobs retainedToni Sweets — 39 jobs retainedTorch Trailer Repair — 15 jobs retainedWindy City Hospitality — 276 jobs retained