Arlington Heights Businesses Get Millions In Small Business Loans

ARLINGTON HEIGHTS, IL — The U.S. Small Business Administration released a list of businesses — including many in Arlington Heights — 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," 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 Arlington Heights 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 Arlington Heights businesses that received at least $1 million in loans. The complete list of all loans received by local businesses can be found here.

ARLINGTON HEIGHTS BUSINESSES RECEIVING $5-10 MILLION LOAN RANGE

• Advance Medical Systems, Inc. — 420 jobs retained
• Gurtz Electric Co. — 483 jobs retained
• Kroeschell, Inc. — 300 jobs retained

ARLINGTON HEIGHTS BUSINESSES RECEIVING $2-5 MILLION LOAN RANGE

• ABC Plumbing, Heating, Cooling, and Electric, Inc. — 220 jobs retained
• Alliance For Audited Media — 113 jobs retained
• Atomatic Mechanical Services Inc. — 138 jobs retained
• Fluence Automation LLC — 163 jobs retained
• G.E. Riddiford Company, Inc. — 100 jobs retained
• J.A. Johnson Paving Company — 43 jobs retained
• Paddock Publictions, Inc. — 250 jobs retained
• Scranton Gillette Communications, Inc. — 108 jobs retained
• Weber Marking Systems, Inc. — 209 jobs retained

ARLINGTON HEIGHTS BUSINESSES RECEIVING $1-2 MILLION LOAN RANGE

• Advansoft International, Inc. — 81 jobs retained
• Andres Medical Billing, LTD — 124 jobs retained
• Arlington Heights Ford, Inc. — 85 jobs retained
• Battaglia Industries, Inc. — 122 jobs retained
• Caminit Associates Inc — 94 jobs retained
• Cobra Concrete Cutting Services Co — 80 jobs retained
• Federated Group Inc — 110 jobs retained
• Hand Surgery Associates, S.C. — 46 jobs retained
• Innovated Staffing, LLC — 160 jobs retained
• J.R. Carlson Laboratories, Inc. — 155 jobs retained
• Johler, Inc. — 55 jobs retained
• Lampignano & Sons Construction Co — no data
• Molon Motor & Coil Corp. — 109 jobs retained
• Napleton's Arlington Heights Motors, Inc — 76 jobs retained
• Orthodontic Experts, LTD — 130 jobs retained
• Pro-Arc Electrical Construction, Co. — 25 jobs retained
• Rohr-Lex Motors, Inc. — 80 jobs retained
• Schuepfer, Inc. — 69 jobs retained
• St. Viator High School — 142 jobs retained
• Sybaris Clubs International, Inc. — 178 jobs retained
• Techwerks LLC — 97 jobs retained
• Tekinvaderz LLC — 5 jobs retained
• The Center: Resources For Teaching and Learning — 132 jobs retained
• Transitional Care Center of Arlington Heights, LLC — 173 jobs retained
• Vernon Technology Solutions Limited — 61 jobs retained

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