Joliet, IL — PPP Loan Data

Joliet, Illinois received 5,380 Paycheck Protection Program loans totaling $292.3M. The average loan in the city was $54,338 — above the national program average of approximately $67,000.

81.8% of loans in Joliet — totaling $271.8M — 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 Joliet were NORTH AMERICA CENTRAL SCHOOL BUS INTERMEDIATE HOLDING CO, LL ($10,000,000), CORNERSTONE SERVICES ($4,073,565), and BERKOT, LTD ($3,920,400).

The most active industry sector in Joliet was Personal Care Services with 771 loans worth $14.1M, followed by General Freight Trucking (265 loans).

Applicants in Joliet reported retaining 28,925 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.

Joliet 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.