Bannockburn, IL — PPP Loan Data
164 loans · $38.9M total · 97.0% forgiven
Bannockburn, Illinois received 164 Paycheck Protection Program loans totaling $38.9M. The average loan in the city was $236,942 — above the national program average of approximately $67,000.
97.0% of loans in Bannockburn — totaling $37.1M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.
Among the largest disclosed recipients in Bannockburn were LAW OFFICES OF GERALD SHAPIRO LLC ($10,000,000), NETRIX, LLC ($4,922,000), and MIDWEST CENTER FOR WOMENS HEALTHCARE LTD ($2,926,145).
The most active industry sector in Bannockburn was Legal Services with 15 loans worth $14.0M, followed by Offices of Physicians (12 loans).
Applicants in Bannockburn reported retaining 2,954 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.
Bannockburn is part of Illinois, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.
Top Industries in Bannockburn
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Legal ServicesNAICS 5411 | 15 | $14.0M | 93.3% |
| Offices of PhysiciansNAICS 6211 | 12 | $2.9M | 100.0% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 11 | $6.2M | 100.0% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 9 | $466,751 | 88.9% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 7 | $651,451 | 100.0% |
| Personal Care ServicesNAICS 8121 | 6 | $365,626 | 100.0% |
| Computer Systems Design and Related ServicesNAICS 5415 | 6 | $528,655 | 100.0% |
| Accommodation and Food ServicesNAICS 7225 | 5 | $195,393 | 100.0% |
| Other Amusement and Recreation IndustriesNAICS 7139 | 5 | $109,521 | 100.0% |
| Individual and Family ServicesNAICS 6241 | 5 | $575,985 | 100.0% |
Largest Named Recipients in Bannockburn
Only loans ≥ $150,000 have publicly disclosed borrower names.