Point Pleasant Coronavirus PPP Loans: Jenkinson's, Others Helped

POINT PLEASANT – The U.S. Small Business Administration and U.S. Treasury released details of the country's massive Paycheck Protection Program that helped 54 Point Pleasant area businesses affected by the coronavirus pandemic. Those businesses included Jenkinson's and Brave New World (see list below).

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. Read more: Coronavirus PPP Loans In NJ: Where The Money Went

The list of the recipients is below, although a number of businesses are now reporting that the list 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.

Here is the Point Pleasant area list, and the number of jobs that the money is supposed to account for:

$2-5 million

• CHEFS INTERNATIONAL INC, POINT PLEASANT BEACH 500

$1-2 million

• JENKINSONS PAVILION INC, POINT PLEASANT BEACH 332
• JENKINSONS SOUTH INC, POINT PLEASANT BEACH 147
• TOM HASSEL TRANSPORT INC., POINT PLEASANT BEACH

$350,000-1 million

• ADVANCED SPINE AND SPORTS MEDICINE, POINT PLEASANT BEACH 48
• BRAVE NEW WORLD INC, POINT PLEASANT BEACH 75
• BRIGGS TRANSPORTATION LLC, POINT PLEASANT BEACH
• MARTELL'S TIKI BAR, INC., POINT PLEASANT BEACH 30
• NIGEO CORP, POINT PLEASANT BEACH 76
• PATRICIA C. MCCORMACK, MD, PC, POINT PLEASANT BEACH 32
• PINNACLE COMMERCIAL DEVELOPMENT INC, POINT PLEASANT BEACH 56
• R. POPOVITCH BUILDERS, INC., POINT PLEASANT BEACH 38
• R.T. REAL ESTATE AGENCY, INC., POINT PLEASANT BEACH 68
• ROSS ALBER, POINT PLEASANT BEACH 22
• VELTRI AND ASSOCIATES CORPORATION, POINT PLEASANT BEACH 8
• ALTEC ELECTRICAL CORPORATION, POINT PLEASANT BORO 75
• B.R.B CERAMIC TILE MARBLE & STONE, INC., POINT PLEASANT BORO 16
• JOELEON, INC., POINT PLEASANT BORO 157
• M. E. SABOSKI ASSOCIATES, INC, POINT PLEASANT BORO 20
• PROPERTY TRANSFER SERVICES INC., POINT PLEASANT BORO 24
• WEISLEDER INC DBA, POINT PLEASANT BORO 58
• WHITMAN CONSTRUCTION LLC, POINT PLEASANT BORO 32
• RICCIARDI BROTHERS JERSEY SHORE. COR-SBA SMALL 7A TERM, POINT PLEASANT 0

$150,000-350,000

• 1106 OCEAN AVENUE INC, POINT PLEASANT BEACH 30
• 414 RICHMOND INC, POINT PLEASANT BEACH 500
• B2 OPCO POINT, LLC, POINT PLEASANT BEACH 51
• CLARK'S LANDING MARINA OPERATIONS INC, POINT PLEASANT BEACH 16
• CLARKS LANDING CATERERS LLC, POINT PLEASANT BEACH 23
• DEVOTED CONTRACTORS LLC, POINT PLEASANT BEACH 12
• GARDEN STATE YACHT SALES LLC, POINT PLEASANT BEACH 15
• INTERIM HEALTHCARE, POINT PLEASANT BEACH 33
• JOR MAR INC, POINT PLEASANT BEACH 0
• LAND-LINK TRAFFIC SYSTEMS, POINT PLEASANT BEACH 16
• M KOGAN CONSULTING INC, POINT PLEASANT BEACH 16
• MASTROJOHN AUTO SERVICE INC, POINT PLEASANT BEACH 10
• POINT LOBSTER CO INC, POINT PLEASANT BEACH 20
• SHORE FRESH SEAFOOD MARKET, POINT PLEASANT BEACH 24
• SHORE SPINE CTR & PHYSICAL REHAB PC, POINT PLEASANT BEACH 39
• SPRING LAKE BANQUET OPERATIONS LLC, POINT PLEASANT BEACH 19
• ST. PETERS CATHOLIC CHURCH, POINT PLEASANT BEACH 29
• VILLANI & DELUCA PC, POINT PLEASANT BEACH 12
• DEFELICE OF POINT PLEASANT INC., POINT PLEASANT BORO
• LENNY'S COLONIAL RANCH MARKET, INC, POINT PLEASANT BORO 60
• BORO RIVER GROUP, LLC, POINT PLEASANT 114
• FDCH LLC, POINT PLEASANT 40
• HEALTH4HOME, LLC, POINT PLEASANT 8
• MIANA PROPERTIES LLC, POINT PLEASANT 10
• MILLER DEVRO & ASSOCIATES, POINT PLEASANT 15
• NETWAVE INTERACTIVE MARKETING INC, POINT PLEASANT 16
• PHAROS CONTRACTING CO., INC., POINT PLEASANT 10
• RICHARDS SALES & RENTALS CENTER INC, POINT PLEASANT 15
• SCHRADER YACHT SALES INC, POINT PLEASANT 13
• SCHULER ROOFING & SIDING INC, POINT PLEASANT 10
• TRAVELSMITHS INC, POINT PLEASANT 21