CHAMPAIGN — Several businesses and nonprofits in area towns received federal loans to help them pay employees during COVID-19.
According to data released last week by the U.S. Treasury Department, 1,328 entities received PPP loans in Champaign, 432 in Danville and 413 in Urbana.
Among the largest recipients was Champaign-based Wolfram Research, which received a PPP loan between $5 and $10 million.
“We accepted PPP funds for a portion of our business that we believe has potential risk associated with COVID-19,” spokeswoman Danielle Rommel said in a statement. “At present, we are happy to report that we have been able to avoid layoffs or furloughs, and have successfully transitioned our entire staff to remote work.”
Here’s a look at the area companies receiving PPP loans, according to the U.S. Treasury data.
— Colmac Coil Midwest, Inc.
— Eastern Illini Electric Cooperative, Inc.
— Accolade Healthcare Of Paxton Senior Living LLC
‚— Accolade Healthcare Of The Heartland LLC
— Country Health Inc
— Eagle Wings Industries Inc
— Taylor Studios, Inc.
— Custom Service Crane Company, Inc
— Altamont Co