There were 140 PPP loans issued in New Jersey during the week ending June 28. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
JM Staffing Solutions, LLC | 2020-06-22 | $2-5 million |
Ajulia, LLC | 2020-06-22 | $1-2 million |
Regional Staffing Solution, LLC | 2020-06-22 | $350,000-1 million |
A & M World, Inc. | 2020-06-22 | $150,000-350,000 |
American Diner, Inc. | 2020-06-22 | $150,000-350,000 |
Bouzy Trends, LLC | 2020-06-22 | $150,000-350,000 |
Breen Topsoil, Inc. | 2020-06-22 | $150,000-350,000 |
Don Pepe II, Inc. | 2020-06-22 | $150,000-350,000 |
Don Pepe Steakhouse, Inc. | 2020-06-22 | $150,000-350,000 |
East Brunswick Wellness, LLC | 2020-06-22 | $150,000-350,000 |
Entech Energy Design and Consulting, Inc. | 2020-06-22 | $150,000-350,000 |
Lev Rochel Bikur Cholim of Lakewood, Inc. | 2020-06-22 | $150,000-350,000 |
Linden Auto Body Shop, Inc. | 2020-06-22 | $150,000-350,000 |
M&M Plumbing Corporation | 2020-06-22 | $150,000-350,000 |
Mahwah Bar & Grill, Inc. | 2020-06-22 | $150,000-350,000 |
New Proimage America, Inc. | 2020-06-22 | $150,000-350,000 |
Princess International Distribution, Inc. | 2020-06-22 | $150,000-350,000 |
Sovereign Beverages Corporation | 2020-06-22 | $150,000-350,000 |
Acadia Scenic, Inc. | 2020-06-23 | $150,000-350,000 |
Aceolution, Inc. | 2020-06-23 | $150,000-350,000 |
Auro Pro Systems, Inc. | 2020-06-23 | $150,000-350,000 |
Decoration Design Solutions, Inc. | 2020-06-23 | $150,000-350,000 |
Deltamed Solutions, Inc. | 2020-06-23 | $150,000-350,000 |
DSE Healthcare Solutions, LLC | 2020-06-23 | $150,000-350,000 |
Dunellen Supermarket, LLC | 2020-06-23 | $150,000-350,000 |
Embryo Music Publishing, LLC | 2020-06-23 | $150,000-350,000 |
Evy Enterprises, Inc. | 2020-06-23 | $150,000-350,000 |
Housing and Community Development Network of New Jersey, Inc. | 2020-06-23 | $150,000-350,000 |
Idi North, Inc. | 2020-06-23 | $150,000-350,000 |
Manhattan Neon Sign Corporation | 2020-06-23 | $150,000-350,000 |
Medcom Health Services | 2020-06-23 | $150,000-350,000 |
Package Development Company, Inc. | 2020-06-23 | $150,000-350,000 |
Patcham USA, LLC | 2020-06-23 | $150,000-350,000 |
Plumbers and Pipefitters Local Union No. 9 Education Fund | 2020-06-23 | $150,000-350,000 |
Seashore Day Camp | 2020-06-23 | $150,000-350,000 |
Shore Clinical Services | 2020-06-23 | $150,000-350,000 |
Unique Systems, Inc. | 2020-06-23 | $150,000-350,000 |
V&B Investment Guttenberg, LLC | 2020-06-23 | $150,000-350,000 |
161 T & J Food Corporation | 2020-06-24 | $350,000-1 million |
Aj Licensed Behavior Analyst, PLLC | 2020-06-24 | $350,000-1 million |
Bergen Funeral Service | 2020-06-24 | $350,000-1 million |
Community Coordinated Child Care of Union County, Inc. | 2020-06-24 | $350,000-1 million |
Fiscal Care Services, LLC | 2020-06-24 | $350,000-1 million |
Haven Riverfront Restaurant and Bar, LLC | 2020-06-24 | $350,000-1 million |
LMBK, LLC | 2020-06-24 | $350,000-1 million |
Madison Medical and Sports Rehabilitation, LLC | 2020-06-24 | $350,000-1 million |
The Legendary Service Group, Inc. | 2020-06-24 | $350,000-1 million |
Vitec Imaging Distribution, Inc. | 2020-06-24 | $350,000-1 million |
Xerimis, Inc. | 2020-06-24 | $350,000-1 million |
Active Executive Services, LLC | 2020-06-24 | $150,000-350,000 |
Aiv Solutions, LLC | 2020-06-24 | $150,000-350,000 |
American Pancake Company, Inc. | 2020-06-24 | $150,000-350,000 |
Bergen Center for Child Development | 2020-06-24 | $150,000-350,000 |
Brett Denafo | 2020-06-24 | $150,000-350,000 |
Bridge the Gap Group, LLC | 2020-06-24 | $150,000-350,000 |
Cloverland Landscape Company, Inc. | 2020-06-24 | $150,000-350,000 |
Gromex, Inc. | 2020-06-24 | $150,000-350,000 |
Jersey Cape Partners, LLC | 2020-06-24 | $150,000-350,000 |
JLJ&J Professional Services, LLC | 2020-06-24 | $150,000-350,000 |
Lakewood of BP Senior Care, LLC | 2020-06-24 | $150,000-350,000 |
Manolos Trucking, LLC | 2020-06-24 | $150,000-350,000 |
Nonstop Express, Inc. | 2020-06-24 | $150,000-350,000 |
Sharphat, Inc. | 2020-06-24 | $150,000-350,000 |
Shlemmer Algaze Associates Interiors & Architecture, PC | 2020-06-24 | $150,000-350,000 |
Zaiya, Inc. | 2020-06-24 | $150,000-350,000 |
The Fillo Factory, Inc. | 2020-06-25 | $2-5 million |
VRH Construction Corporation | 2020-06-25 | $2-5 million |
Atlantic Engineering Laboratories of Nyi | 2020-06-25 | $1-2 million |
Community Health Law Project | 2020-06-25 | $1-2 million |
Avon Hotel Corporation | 2020-06-25 | $350,000-1 million |
Big Apple Therapy Associates | 2020-06-25 | $350,000-1 million |
Flip USA, LLC | 2020-06-25 | $350,000-1 million |
Pintegra, LLC | 2020-06-25 | $350,000-1 million |
Sing Song, Inc. | 2020-06-25 | $350,000-1 million |
The Coulter Partnership, Inc. | 2020-06-25 | $350,000-1 million |
F&R Grasso, LLC | 2020-06-25 | $150,000-350,000 |
Freeway Warehouse | 2020-06-25 | $150,000-350,000 |
Gadson Consulting, Inc. | 2020-06-25 | $150,000-350,000 |
Higa Transport, LLC | 2020-06-25 | $150,000-350,000 |
Krystal Group, LLC | 2020-06-25 | $150,000-350,000 |
No IFS Montclair, LLC | 2020-06-25 | $150,000-350,000 |
Offsite Construction Solutions, LLC | 2020-06-25 | $150,000-350,000 |
Onsite Lifecare of NJ, Inc. | 2020-06-25 | $150,000-350,000 |
PGK Scholarship in Education Fund | 2020-06-25 | $150,000-350,000 |
Rockaway Animal Hospital | 2020-06-25 | $150,000-350,000 |
Rose Alfe, Inc. | 2020-06-25 | $150,000-350,000 |
Sarenac Emergency Associates | 2020-06-25 | $150,000-350,000 |
SPG DRY Cooling USA, LLC | 2020-06-25 | $150,000-350,000 |
Tara D. Bruni Tavern, LLC | 2020-06-25 | $150,000-350,000 |
TPR Technical Sales, Inc. | 2020-06-25 | $150,000-350,000 |
Varioline Spare Parts Services, Inc. | 2020-06-25 | $150,000-350,000 |
Z & J Construction, Inc. | 2020-06-25 | $150,000-350,000 |
Zephyr Lounge, Inc. | 2020-06-25 | $150,000-350,000 |
Brain Builders Limited Liability Company | 2020-06-26 | $1-2 million |
Mccarter Theatre Company | 2020-06-26 | $1-2 million |
A. P. Twin City Corporation | 2020-06-26 | $350,000-1 million |
Active Ip Systems, LLC | 2020-06-26 | $350,000-1 million |
Alltaxplus, LLC | 2020-06-26 | $350,000-1 million |
America Supermarket, Inc. | 2020-06-26 | $350,000-1 million |
Aoc Op Company, LLC | 2020-06-26 | $350,000-1 million |
Moreng Telecomcts Ducts | 2020-06-26 | $350,000-1 million |
Petro Extrusion Technologies, Inc. | 2020-06-26 | $350,000-1 million |
Pueblo Meat Market, Inc. | 2020-06-26 | $350,000-1 million |
Sickels & Associates, Inc. | 2020-06-26 | $350,000-1 million |
TSPBM, LLC | 2020-06-26 | $350,000-1 million |
WB Entertainment, LLC | 2020-06-26 | $350,000-1 million |
A P Construction Enterprises | 2020-06-26 | $150,000-350,000 |
Archi-Technician Systems, Inc. | 2020-06-26 | $150,000-350,000 |
Bicitis Group, Inc. | 2020-06-26 | $150,000-350,000 |
Clinical Services Management, P.C. | 2020-06-26 | $150,000-350,000 |
D&M Sheet Metal Company, Inc. | 2020-06-26 | $150,000-350,000 |
Dartronics, Inc. | 2020-06-26 | $150,000-350,000 |
Elegant Gift Baskets | 2020-06-26 | $150,000-350,000 |
Greenbox Realty & Management Group, LLC | 2020-06-26 | $150,000-350,000 |
JDK Cleaning Corporation | 2020-06-26 | $150,000-350,000 |
Kanhi Systems, LLC | 2020-06-26 | $150,000-350,000 |
Medpsych Associates of New Jersey, LLC | 2020-06-26 | $150,000-350,000 |
Monarch Freight Solutions Limited | 2020-06-26 | $150,000-350,000 |
MRF Global Corporation | 2020-06-26 | $150,000-350,000 |
National Development and Construction Company | 2020-06-26 | $150,000-350,000 |
Puddle Jumpers Academy, LLC | 2020-06-26 | $150,000-350,000 |
Savini Restaurant, LLC | 2020-06-26 | $150,000-350,000 |
Secemski Enterprise, Inc. | 2020-06-26 | $150,000-350,000 |
Sunwise Solutions, Inc. | 2020-06-26 | $150,000-350,000 |
The Shakespeare Theatre of New Jersey | 2020-06-26 | $150,000-350,000 |
Voxx Liquors, LLC | 2020-06-26 | $150,000-350,000 |
Adoro Cafe, LLC | 2020-06-27 | $350,000-1 million |
Adoro Associates, LLC | 2020-06-27 | $150,000-350,000 |
Edwin R. Burger Son, Inc. | 2020-06-27 | $150,000-350,000 |
Global One Partners, LLC | 2020-06-27 | $150,000-350,000 |
J Moore Restorations & Realty, LLC | 2020-06-27 | $150,000-350,000 |
PNG Brands, LLC | 2020-06-27 | $150,000-350,000 |
Sonoma Technical Services, Inc. | 2020-06-27 | $150,000-350,000 |
Cognisoft Technologies, LLC | 2020-06-28 | $350,000-1 million |
Giving Nest at Watchung, Inc. | 2020-06-28 | $350,000-1 million |
J and B Restaurant Associates | 2020-06-28 | $350,000-1 million |
Lakay New | 2020-06-28 | $350,000-1 million |
Ab Tire and Auto Services, LLC | 2020-06-28 | $150,000-350,000 |
Catalyst Systems, Inc. | 2020-06-28 | $150,000-350,000 |
Ethnic Technologies, LLC | 2020-06-28 | $150,000-350,000 |