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 |
|---|---|
| Reliance Medical Group, LLC | $1,263,800 |
| Coastal Imaging, LLC | $1,064,993 |
| Atlantic City Country Club 1, LLC | $913,843 |
| The Flavor Tour, LLC | $851,259 |
| Boardwalk Favorites, LLC | $846,951 |
| Marina Market, LLC | $601,135 |
| Goldenberg Mackler & Sayegh PA | $586,692 |
| L G M Enterprises, Inc. | $538,307 |
| Preferred Home Care Agency | $484,952 |
| Tracey Fitzgerald | $475,000 |
| Siganos Management | $456,570 |
| Caffe Mille Luci, LLC | $423,699 |
| Advanced Radiology Solutions, LLC | $388,614 |
| Spectrum Fitness, LLC | $358,642 |
| GSS Northfield, Inc. | $298,560 |
| Institute of Esthetics, Inc. | $295,775 |
| Weiss & Paarz, PC | $244,152 |
| Valley Forge Cafe, Inc. | $231,346 |
| Kensington Square Furniture, LLC | $217,750 |
| Rich Energy Solutions Limited Liability Company | $216,407 |
| Atlantic City Shade Shop, Inc. | $181,490 |
| Advanced Shore Imaging Associates | $175,197 |
| Paraskevy Voula Liacopulos | $160,392 |
| Tilton Theatre, LLC | $148,550 |
| Heather M Clark PC, D.M.D. | $147,500 |
| Real Fresh, Inc. | $135,298 |
| Reform Congregation of Beth Israel | $134,100 |
| Surroundings Furniture & Design, LLC | $130,448 |
| Peanut World, Inc. | $130,300 |
| Salon R and R T/a, LLC | $121,727 |
| Gourmet Grille, Inc. | $110,985 |
| Reynolds & Scheffler, LLC | $107,995 |
| Atlantic Dental Implants and Periodontic | $107,627 |
| John J Zarych PA | $105,887 |
| Roberts Fine Jewelers, LLC | $102,137 |
| Gaimari Gaming Group, LLC | $90,293 |
| John Mirenda Construction, Inc. | $87,592 |
| Chico & Sons, LLC | $86,548 |
| Eurocolour, LLC | $84,285 |
| Kinjal Patel | $81,749 |
| Fruit Sensations of Cherry Hill Mall, Inc. | $77,276 |
| E Allan Mack, LLC | $75,427 |
| The Bake Works, LLC | $75,037 |
| EMJS Foods, LLC | $73,545 |
| Energy Windows Doors & More, LLC | $69,057 |
| Gioia Mia, LLC | $67,956 |
| Nicholas Droboniku | $67,730 |
| Global Document Services, LLC | $67,480 |
| B & R Vending, Inc. | $67,297 |
| Pro Video Engineering | $65,815 |
| Pediatric Pulmonary & Asthma Association | $62,242 |
| John Hoffmann | $57,562 |
| Castellani Law Firm, LLC | $54,982 |
| Sal Panza Construction, LLC | $54,360 |
| Coastal Sound Shop | $54,105 |
| Atlantic City Your Way, LLC | $53,005 |
| Kiddie Kastle Academy, LLC | $52,507 |
| Frank Vincent | $50,492 |
| Perry's Pizza & Pasta, LLC | $47,771 |
| Lucas Menswear, Inc. | $45,900 |
| Mckoob Corporation | $44,628 |
| Carinne Leisey-Gulati Agency | $44,390 |
| Big Brothers Big Sisters of Atlantic Cap | $44,385 |
| Siganos Original Philly Steaks and Subs, Inc. | $43,067 |
| Vincent Iannace | $42,776 |
| Phoenix Associates, LLC | $40,663 |
| Color Room, LLC | $38,110 |
| Hattbit Cleaners, Inc. | $35,005 |
| Scott Derek, Inc. | $33,215 |
| Schiff Enterprises | $32,500 |
| Robertson & Fendt, LLC | $31,037 |
| Robert Polt CPA & Association | $30,105 |
| Dwyer Tax Solutions, Inc. | $30,060 |
| Lonny Matlick | $29,390 |
| Joseph Derosa | $29,166 |
| Gianna Rose Salon & Spa, LLC | $28,700 |
| Twice as Cool, LLC | $28,483 |
| LA Cucina Ristorante, LLC | $27,996 |
| Fredericks & Palmer Proc Serv, LLC | $27,860 |
| Michelle Douglass | $26,735 |
| Swift Law Firm, Limited Liability Company | $26,300 |
| Northfield Spine and Injury Center, PC | $26,165 |
| LSN Landscaping Services, LLC | $26,035 |
| Thomas Dowey | $25,325 |
| Gracy & Glory, LLC | $24,460 |
| 105 Beach Ave Associates, LLC | $23,860 |
| Michelle Nieves | $23,100 |
| Let's Do It, LLC | $22,065 |
| Microsun | $21,315 |
| Freda Thomas Group, LLC | $21,215 |
| Jonathon Hutt | $21,200 |
| Pearl Express Lube Plus, LLC | $21,020 |
| Richard Baehrle | $20,833 |
| Foresite Commercial Realty | $20,833 |
| Tan Nguyen | $20,833 |
| GV Transport, LLC | $20,833 |
| Jose Sinclair | $20,833 |
| Pamela Brascetta | $20,832 |
| Preferred Market Solutions NJ | $20,832 |
| Brian Dearborn | $20,832 |
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