These Maplewood And South Orange Businesses Got Coronavirus Loans

MAPLEWOOD AND SOUTH ORANGE, NJ — The U.S. Small Business Administration and U.S. Treasury released details this week of the country’s massive Paycheck Protection Program that helped New Jersey businesses affected by the coronavirus pandemic (see list below).

PPP loans have an interest rate of 1 percent and can be fully forgiven if they are used for payroll costs, rent, and other items.

More than 4.9 million loans over $150,000 were made to businesses and nonprofit organizations across the country; the total amount for approved loans over that amount was more than $521 billion.

Around 22,000 businesses in New Jersey were approved for loans greater than $150,000. Loans over $150,000 account for about 925,000 jobs.

Loans to New Jersey businesses ran the gamut and included higher education institutions, private schools, manufacturers, car washes, real estate agent companies and non-profits.

Jenkinson's in Point Pleasant Beach got between $1 million and $2 million. Care Plus NJ in Paramus received between $5 million and $10 million, which helped support 401 jobs, according to the SBA data. The Dwight-Englewood School got between $2 million and $5 million, which helped support 304 jobs. High Grade Beverage in North Brunswick got a loan between $2 million and $ 5 million, which helped support 258 jobs.

Here are the lists of Maplewood and South Orange businesses on the overall NJ list. They include some schools, bar/restaurants, organizations, and religious congregations.

Maplewood

ANSELMI & DECICCO INC
AIROYAL COMPANY, THE
C. B. KAUPP & SONS, INC.
IDEAL JACOBS CORPORATION
MAPLEWOOD COUNTRY CLUB
R G DUNN ACQUISITIONS CO INC AKA EMC COM
RICCIARDI BROTHERS INC
SURFACE SOLUTIONS CONSULTING, LLC
WILBER'S PAINTING LLC
ADVANCED PAIN CARE LLC
ANTHONY GARUBO HAIR DESIGN GROUP INC
ARTUROS OSTERIA LLC
BRINTON BROSIUS, INC.
CARL BYRD & COMPANY INC
CITY ARTS CHINA INC
CLEAN CUISINE INC
FG MANAGEMENT GROUP, LLC
GIANGOS INC
IDEAL HEALTH CARE LLC
JERRY ROSE, INC.
JUSTIN J FRIED DDS DBA MAPLEWOOD FAMILY DENTISRY
KANSAS SQUARED, LLC
KDH HOME DESIGN LLC
LIBERTY MEDICAL CARE SERVICES LLC
LIGHTNING MECHANICAL LLC
MAPETAV, LLC
METROPOLITAN OB/GYN, PA
MILLBURN AVE COLLISION INC
OAR IRVINGTON AVENUE LLC
PENN TOOL CO INC
PREFERRED PET CARE, INC.
RAILS COMPANY, THE
ROOFCO, INC.
SOUTH ORANGE DISPOSAL CO INC
THE ABLE BAKER
THE GENWEALTH GROUP, INC
UNION TOOL AND MOLD COMPANY
VALERIE FUND
WRIGHT INDEPENDENT LIFE OPTIONS

South Orange

COMMUNITY HEALTH LAW PROJECT
BROOKS, BERNE & HERNDON PLLC
BUILDING SECURITY SERVICES, INC.
GARDEN STATE ELDERCARE
JESPY HOUSE
JHB HOLDINGS LLC
LSA VENTURES LLC
NEPHROS, INC.
NORTHERN NEW JERSEY EYE INSTITUTE PA PA
ORANGE LAWN TENNIS CLUB, LLC
28STONE CONSULTING INC
ASHLEY MARKETPLACE & CAFE INC
CONGREGATION BETH EL OF THE ORANGES
DESIGN FACTORY NYC, INC.
EAGLES TALENT CONNECTION INC.
ELIAS MALLOUK REALTY CORPORATION-SBA SMALL 7A TERM
EVENTAGE EVENT PRODUCTION, INC.
GLADIATOR LLC
NEEMI CORP
OHEB SHALOM CONGREGATION
OUR LADY OF SORROWS CHURCH
SOUTH ORANGE PERFORMING ARTS CENTER INC
TINY STEPS ONE INC
VILLAGE BABIES DEVELOPMENT CENTER, LLC

A number of businesses are now reporting that the list, in certain instances, contains "some big errors," according to CNBC.

The loans are made by lending institutions including banks and credit unions and are guaranteed by the SBA. All PPP loans are subject to review by the SBA and all loans over $2 million are automatically reviewed by the SBA.

“Because a borrower is listed in the data as having a PPP loan does not mean that SBA has determined that the borrower complied with program rules or is eligible to receive a PPP loan and loan forgiveness,” the SBA said in a statement about the data release.

The average size of a PPP loan is around $107,000 and 86.5 percent of all loans were for less than $150,000, according to the SBA.

To use the searchable database of New Jersey loans over $150,000, click this story and scroll to the bottom.

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