The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
| Name of Borrower | Current Approved Amount |
|---|---|
| Meadowbrook Inventions, Inc. | $828,537 |
| JDJ Bernards INN, LLC | $573,149 |
| Otex Specialty Narrow Fabrics, Inc. | $487,500 |
| Purcell Mulcahy & Flanagan, LLC | $416,666 |
| Complete Body Wellness | $350,962 |
| Castle Ridge Construction Company | $199,565 |
| Shain Schaffer, PC | $190,480 |
| JDJ Bistro, LLC | $184,002 |
| Plaza Salon & Spa, Inc. | $173,215 |
| Uncle Baxter, LLC | $172,165 |
| Bistro Seventy Threellc | $164,717 |
| Viola Construction Company, Inc. | $130,165 |
| Claremont Restaurant Group, LLC | $128,962 |
| Monterey Fine Foods, LLC | $121,985 |
| Pace Collision Services, Inc. | $120,959 |
| Brandes Maselli Architects, LLC | $118,895 |
| Ride and Reflect, LLC | $114,825 |
| The Sports Barre, LLC | $105,000 |
| D & J Cleaners, Inc. | $101,907 |
| Independence Constructors, Inc. | $100,700 |
| Landscape Aesthetics, Inc. | $100,000 |
| Church of St. John on the Mountain | $97,134 |
| Inksplash, LLC | $92,227 |
| John Rader | $91,480 |
| Cavallari Construct Corporation | $90,997 |
| Landscaping Inc., Ltd. | $85,442 |
| Raymond Desiderio | $84,885 |
| Bravo Av Consulting, LLC | $82,285 |
| Robert Tallaksen | $80,182 |
| Liremacc Partners, LLC | $73,830 |
| Somerset Rehabilitation Services PA | $72,993 |
| Countryside Paving Company, Inc. | $71,200 |
| Bernards Salon, Inc. | $70,632 |
| John Rader | $69,727 |
| Java Bernardsville, LLC | $69,395 |
| Bernardsville Petroleum Group, LLC | $69,087 |
| Far Hills Dental Care PA | $67,575 |
| Millwork and More, LLC | $66,595 |
| Jaspar Osprey, Inc. | $64,315 |
| Bernardsville Caterers, Inc. | $63,136 |
| Fresella Electric, Inc. | $60,250 |
| Gravity Systems, Inc. | $58,942 |
| Fresh Press Juice Two, LLC | $58,604 |
| Subhash Patel | $56,260 |
| Maxine P Vu LLC D.D.S. | $54,672 |
| ECM Partners, Inc. | $52,915 |
| Precision Innovations NY, Inc. | $52,515 |
| John Rader | $52,350 |
| RML Services, Inc. | $50,292 |
| Sunset Builders and Developers, Inc. | $45,980 |
| Rader Management Corporation | $44,545 |
| Stevie Marie Rice LLC D.D.S. | $42,605 |
| Design Squared, LLC | $41,667 |
| Somerset Hills Endodontics, PC | $40,420 |
| Excel Fitness Center, LLC | $39,947 |
| Express Kleaners of Bernardsvi | $38,817 |
| Strategic Meetings & Events | $38,540 |
| Total Physical Therapy | $38,375 |
| Excel Fitness Center, LLC | $37,845 |
| Bernards Family Practice | $37,831 |
| Phillips & Fredricks Jewelers, Inc. | $33,870 |
| Italian Concierge, Inc. | $33,387 |
| Tony Mesarak, LLC | $31,260 |
| SMC Landscaping, LLC | $30,717 |
| Sharon Markowitz | $30,145 |
| St. Francis Group Bernardsville, LLC | $29,500 |
| The Boxwood Group | $29,117 |
| The Boxwood Group | $29,117 |
| Ib Travel, Inc. | $28,852 |
| Rossi Construction Management | $28,515 |
| Joseph Sgroi | $26,250 |
| Dinapoli Enterprizes, Inc. | $26,250 |
| New Jennifer Day Spa, LLC | $26,041 |
| Industrial Degauss, LLC | $25,090 |
| Charles McCullough | $24,720 |
| Nailtopia, LLC | $23,893 |
| Expatriate Tax Services, LLC | $23,677 |
| Armor HWC, LLC | $23,437 |
| Beth Dorfman MS LLC D.D.S. | $22,500 |
| Bernards Sports Chiropractic and Physical Rehabilitation, LLC | $22,490 |
| Adya, Inc. | $22,105 |
| Bagel Bin of Bernardsville, Inc. | $21,262 |
| Players Development Academy Corporation | $20,936 |
| Richard Aronwald | $20,833 |
| Scott Cutaneo | $20,833 |
| Cheryl Maddaluna | $20,833 |
| Solaris Whole Health, LLC | $20,833 |
| Gotham Parking Systems, LLC | $20,833 |
| American Power Ventures, LLC | $20,833 |
| Wealth Planning Advisory Group | $20,833 |
| Gallagher Appraisal Services, LLC | $20,832 |
| Stuart Group Enterprises, LLC | $20,832 |
| Rejuv, LLC | $20,832 |
| Creative Web Technologies, Inc. | $20,800 |
| Donald James Lavigne | $20,665 |
| Kingwilly, LLC | $20,654 |
| Kathleen Gagan | $20,614 |
| GC Painting, LLC | $20,410 |
| The Vanity Room, LLC | $20,389 |
| Jane Do Hoboken Corporation | $20,000 |
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