These La Grange Businesses Got Federal Payroll Loans

Hinsdale IL

09 July, 2020

5:39 PM

Description

LA GRANGE, IL — The U.S. Small Business Administration released a list of businesses — including those in La Grange — 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 La Grange 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: La Grange businesses receiving $5 million to $10 million Grayhill — 500 jobs retainedLa Grange businesses receiving $2 million to $5 million Lyons Electric Co. — 67 jobs retainedLa Grange businesses receiving $1 million to $2 million Butterfield Health Care — 172 jobs retainedJack Phelan Dodge — 118 jobs retainedLa Grange Crane Service — 48 jobs retainedSPM Marketing & Communications — 77 jobs retainedLa Grange businesses receiving $350,000 to $1 million Aging Care Connections — 54 jobs retainedBear Cartage and Intermodal — 46 jobs retainedBillet Specialties — 68 jobs retainedFlying High Gymnastics — 88 jobs retained Horton's of La Grange — 60 jobs retainedJohnson Floor — 20 jobs retainedKLGR — 143 jobs retainedKryken International (no jobs information)Luc Group (no jobs information)Matrix Holdings — 32 jobs retainedOne Way Safety — 34 jobs retainedQ Restaurant Group Holdings — 38 jobs retainedRula's Enterprise — 16 jobs retainedSt. Cletus School — 54 jobs retainedSt. Francis Xavier Parish and School — 117 jobs retainedStafford Trucking (no jobs information)La Grange businesses receiving $150,000 to $350,000 12Five Capital — 12 jobs retainedAl's Char House — 48 jobs retained Andrews Converting — 23 jobs retainedBurlington Auto Body — 12 jobs retainedC.I.K. Restaurant — 38 jobs retainedCamelot Papers — 19 jobs retainedChicago Chain's Transmission — 16 jobs retainedContinental Testing Services — 18 jobs retained Custom Cars Unlimited — 17 jobs retainedFamily Medical Group of La Grange — 15 jobs retainedFirst United Methodist Church of La Grange — 51 jobs retainedFrank Lynn & Associates — 13 jobs retainedFrench Corp. — 21 jobs retainedGemini Gymnastics Academy — 37 jobs retainedGMZ Hospitality — 40 jobs retainedGrace Lutheran Church of La Grange — 57 jobs retainedGreen Cage — 38 jobs retained Kama Restaurants — 34 jobs retainedLa Grange Pediatrics — 16 jobs retainedLa Grange Materials — 18 jobs retainedLittle People's Country Day Care — 32 jobs retainedLucca's Pizzeria — 43 jobs retainedM & M Cleaning Services Inc. — 55 jobs retainedMultiple Business Solutions — 22 jobs retainedNoel Transportation Corp. — 14 jobs retainedNutoys Leisure Products — 14 jobs retainedPalmer Ventures — 63 jobs retainedPhilip M. Fornaro & Associates — 12 jobs retainedPrairie Path Pavers — 21 jobs retained Program Management & Control Services — 15 jobs retainedSalon Hype — 23 jobs retainedSean Patrick's Salon and Spa — 27 jobs retainedSilvermoon Salon — 17 jobs retainedSt. Cletus Church — 25 jobs retainedThe Dental Loft — 13 jobs retainedVintage Charm — 16 jobs retained Winkler's Tree & Landscaping (no jobs information)