Northbrook, IL — PPP Loan Data

Northbrook, Illinois received 3,361 Paycheck Protection Program loans totaling $355.2M. The average loan in the city was $105,687 — above the national program average of approximately $67,000.

96.3% of loans in Northbrook — totaling $351.7M — 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 Northbrook were HIGHLAND BAKING COMPANY INC ($8,792,000), PINSTRIPES, INC. ($7,725,100), and JAMERSON & BAUWENS ELECTRICAL CONTRACTORS, INC. ($5,727,400).

The most active industry sector in Northbrook was Legal Services with 167 loans worth $8.0M, followed by Management, Scientific, and Technical Consulting Services (153 loans).

Applicants in Northbrook reported retaining 36,355 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.

Northbrook 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.