Chicago, IL — PPP Loan Data
187,249 loans · $9.95B total · 80.1% forgiven
Chicago, Illinois received 187,249 Paycheck Protection Program loans totaling $9.95B. The average loan in the city was $53,114 — above the national program average of approximately $67,000.
80.1% of loans in Chicago — totaling $8.97B — 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 Chicago were PLS GROUP, INC. ($10,000,000), GATEWAY FOUNDATION ($10,000,000), and CORRUGATED SUPPLIES COMPANY LLC ($10,000,000).
The most active industry sector in Chicago was Personal Care Services with 26,756 loans worth $532.6M, followed by Taxi and Limousine Service (8,890 loans).
Applicants in Chicago reported retaining 948,213 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.
Chicago 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 Chicago
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Personal Care ServicesNAICS 8121 | 26,756 | $532.6M | 71.4% |
| Taxi and Limousine ServiceNAICS 4853 | 8,890 | $113.4M | 86.6% |
| Other Personal ServicesNAICS 8129 | 8,620 | $199.6M | 77.9% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 6,655 | $389.1M | 82.8% |
| Accommodation and Food ServicesNAICS 7225 | 5,956 | $859.7M | 92.5% |
| Residential Building ConstructionNAICS 2361 | 5,915 | $147.6M | 74.1% |
| General Freight TruckingNAICS 4841 | 5,801 | $143.6M | 79.4% |
| Services to Buildings and DwellingsNAICS 5617 | 5,613 | $147.0M | 73.5% |
| Special Food ServicesNAICS 7223 | 5,565 | $175.6M | 72.3% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 5,038 | $147.9M | 60.6% |
Largest Named Recipients in Chicago
Only loans ≥ $150,000 have publicly disclosed borrower names.