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 |
|---|---|
| White Conveyors, Inc. | $1,267,027 |
| Document Solutions, LLC | $813,117 |
| RDX Bioscience, Inc. | $750,000 |
| Unique Scaffolding Systems, LLC | $733,750 |
| TRV Mechanical Contractors, LLC | $683,887 |
| Auto Action Group, Inc. | $552,648 |
| Apex Trans Leasing, Inc. | $550,347 |
| Blue Blade Steel | $524,230 |
| Westfield Sheet Metal Works, Inc. | $487,368 |
| Consolidated Steel and Alum Fence Company, Inc. | $477,135 |
| Amco Enterprises, Inc. | $462,192 |
| Gauer Metal Products, Inc. | $431,215 |
| Plastpac, Inc. | $404,644 |
| Apple Coring & Sawing, LLC | $394,310 |
| Centron Enterprises, LLC | $360,235 |
| Synray Corporation | $338,025 |
| Lakhani Associates, LLC | $332,330 |
| B & M Finishers, Inc. | $330,582 |
| Jude Clothing & Accessories Corporation | $329,960 |
| Schwartz Enterprises, Inc. | $304,547 |
| Consulting Engineers Collaborative, Inc. | $292,995 |
| Davco Supply, Inc. | $276,540 |
| Valvetek Utility Services, Inc. | $262,410 |
| Paragon Restoration Corporation | $254,900 |
| Ocean Drive, Inc. | $242,875 |
| C Latorre Contracting, LLC | $232,947 |
| Digitron Electronic Corporation | $231,827 |
| ABC Safety & Fire, Inc. | $230,475 |
| S and L Contractors, LLC | $222,010 |
| Innovative Foot and Ankle | $216,199 |
| Benedict Miller, LLC | $208,387 |
| Union County Seating and Supply, Inc. | $205,840 |
| Lgsa, Inc. | $186,388 |
| C. Q. D. S., Inc. | $185,100 |
| CJMK, Inc. | $184,500 |
| Foley Waite, LLC | $182,380 |
| Kenilworth Pizza, LLC | $181,825 |
| Gregory Press, Inc. | $173,040 |
| Butternut Cafe, LLC | $168,966 |
| Benas Enterprises Corporation | $164,286 |
| Edwards & West, Inc. | $153,400 |
| Alloy Cast Products | $153,115 |
| FL Services, LLC | $149,472 |
| American Food & Beverage Industries, LLC | $147,910 |
| CMZ Trucking, Inc. | $147,032 |
| Alban Construction, LLC | $145,267 |
| Petro Plastics Company, Inc. | $145,000 |
| David Queller & Company | $138,250 |
| Quick Cooling and Heating, LLC | $132,041 |
| JMC Tool & Manufacturing Company | $129,900 |
| Metertek Utility Services, Inc. | $127,167 |
| Mahon Landscaping, Inc. | $121,405 |
| Xtreme Electrical Contractors, LLC | $118,377 |
| Davko Floor Supply, LLC | $114,007 |
| Applied Graphics Company, Inc. | $104,607 |
| Packaging Specialties NJ Corporation | $103,287 |
| North East Risk Management, LLC | $102,500 |
| Avco Construction, Inc. | $102,327 |
| Manders Plumbing Heating Company | $102,112 |
| R. L. Tool & Die Company, Inc. | $101,565 |
| Woodbridge Builders | $95,000 |
| PM Pools Service, LLC | $93,538 |
| TRV Mechanical Contractors South, LLC | $91,995 |
| Maj, Inc. | $91,443 |
| Pipe Fitters, LLC | $89,302 |
| Bruce McDermott | $88,660 |
| Derkasch Dental Health Associates PA | $85,763 |
| Too Cool of Ocean City, Inc. | $84,359 |
| Rotech Tool & Mold Company, Inc. | $84,112 |
| A & A Landscaping, Inc. | $83,502 |
| AVB Trucking Corporation | $82,832 |
| Saros Electrical Contractors | $81,100 |
| David M Klugman PA, D.M.D. | $80,672 |
| Neri Corporation | $80,140 |
| Nordic Metal, LLC | $80,000 |
| Clean Land, LLC | $69,600 |
| Dewitt Bros Tool Company | $68,997 |
| Hydraulic Hose of New Jersey | $68,302 |
| M & A Restaurant, LLC | $67,753 |
| V. S. Systematics Corporation | $66,081 |
| Ann Liu, LLC | $65,530 |
| Pan Gregorian Enterprises, Inc. | $65,303 |
| Big Apple Pizza of NJ, Inc. | $65,261 |
| V & J Construction Company, Inc. | $62,435 |
| Yeiner Rodriquez | $61,788 |
| Fruchter and Associates Limited Liability Company | $59,740 |
| Pharmallies, LLC | $58,936 |
| Waage Electric, Inc. | $58,762 |
| Jemia Kinsey Singleton | $57,500 |
| Kelles Incorporated | $57,253 |
| Hydraulic Technologies | $54,707 |
| Next Office Furniture, Inc. | $54,702 |
| Cutting Crew | $53,527 |
| Beauty & Grace, Inc. | $51,590 |
| Cascarano Bros, Inc. | $50,907 |
| F & M Machine Company | $50,550 |
| Pedro DE Abreu | $50,432 |
| Ayr Graphics and Printing, Inc. | $50,163 |
| Welton V Johnson Engineering Corporation | $48,090 |
| Jimmy Buffs Hot Dogs, LLC | $47,834 |
Alerts Sign-up