Over $6 Billion in Second Round of PPP Loans Approved in Illinois

Share

A second round of the Payment Protection Program took applications and made approvals from April 27th through May 1st. According to the US Small Business Administration, 2,211,791 loans were approved for a total of over $175 billion in the United States during this time frame. For the state of Illinois, 89,735 loans were approved for a total of $6,578,447,775.

The overall average loan size in the country was $79,000.

***Data courtesy of Brad Ray, President and CEO of Security Savings Bank***

Spread the word

Trending Now

Featured Sports Podcasts

Choose a Category

Continue Reading

Brown Wins Third MWC Award in Four Weeks

For the third time in four weeks, Monmouth College men’s basketball freshman Zay Brown (Peoria, Illinois) has been named Midwest Conference Performer of the Week. Brown kept his great run