Deerfield Businesses Receive Millions In Small Business Loans

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

DEERFIELD BUSINESSES RECEIVING $5-10 MILLION LOAN RANGE

• Advanced Clinical Holdings, Inc — 500 jobs retained
• MVP Workforce, LLC — 500 jobs retained
• Personnel Staffing Group, LLC — 500 jobs retained
• RUD Management, LLC — 27 jobs retained
• Workflex, LLC — 29 jobs retained

DEERFIELD BUSINESSES RECEIVING $2-5 MILLION LOAN RANGE

• Alliance HR, LLC — No data
• FGMK, LLC — 210 jobs retained
• Miller, Cooper & Co., LTD — 250 jobs retained
• Roevolution 226, LLC — 197 jobs retained
• Surgical Solutions LLC — No data
• Trinity International University — No data
• Vail Systems, Inc. — 182 jobs retained

DEERFIELD BUSINESSES RECEIVING $1-2 MILLION LOAN RANGE

• Brightmont Inc. — 200 jobs retained
• Curion, LLC — 110 jobs retained
• Gentle Home Services Inc. — 117 jobs retained
• Global Benefits Inc — 53 jobs retained
• Haivision Systems, Inc. — No data
• Jordan Health Products, LLC — 105 jobs retained
• KGH Consultation and Treatment, Inc. — 139 jobs retained
• Warady & Davis LLP — No data

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