Business & Tech

These Andover Businesses Got PPP Loans Over $150,000

The U.S. Small Business Administration released the names of every company that received loans under the coronavirus stimulus package.

ANDOVER, MA — The U.S. Small Business Administration released the names of every company that received loans under the Paycheck Protection Program, or PPP, including the names of every Andover company that took advantage of the program.

The $659 billion program was aimed at protecting jobs after businesses across the country were forced to shut down in March to slow the spread of the coronavirus. Several media companies sued the SBA to get the names of the companies released.

More than 18,000 Massachusetts businesses and non-profits have received loans of $150,000 or more from the PPP to help pay their employees during the coronavirus pandemic.

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PPP loans were established as part of the federal government's CARES act, and are similar to grants: they will be forgiven as long as businesses keep its employees on their payroll, without cutting their pay. However, the money does not necessarily have to go directly to employees as long as the business keeps paying them, it can also be used to pay interest on mortgages, rent, and utilities.

The list below includes the Andover companies that received $150,000 or more from the loan program:

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$5 to 10 million

  • Agrimark, Inc.
  • Black Diamond Networks
  • Burtons Grill Llc
  • The Staffing Group Holding Company

$2 to 5 million

  • American Training, Inc.
  • Arc Cool Holding Corp
  • Foley Holdings Llc
  • Jvt Advisors
  • Ora Inc
  • The Footbridge Companies, Llc
  • Xpress Natural Gas Llc

$1 to 2 million

  • A&M Roofing Services Llc
  • Fishman Transducers Inc.
  • James T. Lynch Construction Co., Inc.
  • Lease And Rental Management Corp.
  • New England Orthodontic Laboratory
  • Orthopaedics Northeast, P.C.
  • Professional Center For Handicapped Children, Inc
  • Reliable It, Llc
  • Sacks & Company, Inc
  • Standard Duplicating Machines Corporation
  • The Pike School

$350,000 to $1 million

  • Aceinna Inc
  • Andover School Of Montessori, Inc.
  • Applied Value Llc
  • Banks Ii Quan And Associates, Inc.
  • Bear Mt Andover Llc
  • Bill Deluca Chevrolet Cadillac, Inc.
  • Boston Partners Financial Group, Llc
  • Bradford Coatings Inc
  • Carimar Mcdonald'S
  • Dalton & Finegold
  • Deloury Construction Co.
  • Eci Systems, Llc
  • Harris Environmental Systems, Inc.
  • Lcp Andover Hospitality Llc
  • Maritza Morell, Dmd, Pc
  • Massachusetts School Of Law At Andover I
  • Medical Healthcare Solutions, Inc
  • Ndd Medical Technologies Inc
  • New England Label Inc
  • Northbay Solutions Llc
  • Northeast Document Conservation Center, Inc.
  • Old Andover Restaurant, Inc.
  • Pnt Education Llc
  • Rms Media Group, Inc
  • Royal Jewelers Inc
  • Rutter Networking Technologies, Inc.
  • Schwartz Hannum Pc
  • Shawsheen Rubber Company, Inc
  • St. Augustine School
  • Stateside Construction Group, Inc.
  • Studypoint, Inc.
  • Tbd Pizza, Inc. D/B/A Domino'S
  • Tec, Inc.
  • Touchstone Closing & Escrow Llc
  • Vanasse & Associates, Inc.

$150,000 to $150,000

  • Andover Cafe Llc
  • Andover Dermatology, Pc
  • Andover Ece, Llc.
  • Andover Eye Associates Inc
  • Andover Mexican Restaurant, Inc
  • Andover Restaurant Group Llc
  • Blub0X Security, Inc.
  • Bredy Network Management Corporation
  • Care For You, Inc.
  • Cascodium Llc
  • Cataract And Laser Center Of The North Shore Llc
  • Ceg Operating Company Llc
  • Celera Networks Inc.
  • Challenge Unlimited Inc
  • Congregation Temple Emanuel Of Andover, Massachusetts
  • Cooperstown Environmental Llc
  • Db Healthcare Inc
  • E & F Environmental Corporation
  • Farmers Row Hospitality Inc.
  • Feng Fu Inc
  • First-Call Medical Inc
  • Francis P Reilly & Sons, Inc.
  • Geriatric Assistance Inc
  • H&S Restoration Inc
  • Informative Technologies Limited
  • J White Contracting Inc
  • James W Skillings Dds Pc
  • Johnson & Borenstein, Llc
  • Joseph D Lagrasse & Associates, Inc.
  • Lanam Club, Inc.
  • Light Enterprises Inc.
  • Lixi Hospitality Andover
  • Materials Development Corp
  • Maxq Ai, Inc.
  • Mcneeley Enterprises Llc
  • Melanie Casey Corp
  • Morris, Rossi & Hayes
  • Necc Corporation
  • Nextuple, Inc.
  • Nsight, Inc.
  • O'Brien Homes Inc
  • Onevision, Inc.
  • Palmers Restaurant, Inc.
  • Richard Purinton Inc
  • Sal'S 34 Park, Llc
  • Salon Invi
  • Scp Inc
  • Segreve & Hall Insurance Associates, Inc
  • Shed, Inc.
  • Sifos Technologies Inc
  • Tactician Corporation
  • The Dog Nanny Llc
  • The Financial Advisors, Llc
  • The Vesume Group, Llc
  • Time To Change The World, Inc
  • Transmural Systems Llc
  • Tri-Logic Massachusetts Business Trust
  • Viking Healthcare Solutions Inc
  • William J. Iananzzi, Inc.
  • Yvon Cormier Construction Corp.
  • The Chateau Restaurant Of Andover, Inc.

Christopher Huffaker can be reached at 412-265-8353 or chris.huffaker@patch.com.

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