Itasca, IL — PPP Loan Data

Itasca, Illinois received 686 Paycheck Protection Program loans totaling $210.9M. The average loan in the city was $307,413 — above the national program average of approximately $67,000.

96.2% of loans in Itasca — totaling $196.8M — 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 Itasca were AMERICAN ACADEMY OF PEDIATRICS ($10,000,000), INSTALLATION SPECIALISTS, INC. ($9,498,018), and ABCOM TECHNOLOGY GROUP, INC. ($5,857,100).

The most active industry sector in Itasca was Management, Scientific, and Technical Consulting Services with 30 loans worth $7.6M, followed by Accommodation and Food Services (29 loans).

Applicants in Itasca reported retaining 17,814 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.

Itasca 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.