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 |
|---|---|
| Music Together, LLC | $879,035 |
| Brick Farm Tavern, LLC | $479,600 |
| Jordan Day School Corporation | $294,333 |
| Brick Farm Retail, LLC | $285,526 |
| The Dana Group, LLC | $269,040 |
| Type Network, LLC | $169,717 |
| Somerset Handling Systems, Inc. | $153,962 |
| The Peasant Grill, LLC | $147,185 |
| Blue Bottle Cafe, LLC | $82,075 |
| Chubby's of Hopewell, LLC | $78,852 |
| Kilbourne & Kilbourne, Inc. | $73,375 |
| Disch & Sons Distillers, LLC | $69,923 |
| Jmat Supply, LLC | $68,118 |
| Firedance Studio, LLC | $65,652 |
| Orlando Family Dentistry, LLC | $64,900 |
| Joseph Squitieri | $59,815 |
| Flemington QSR, LLC | $54,745 |
| Wyckoff Roofing, LLC | $54,670 |
| Brian's Tree Service, LLC | $53,385 |
| Nomad Pizza Limited Liability Company | $52,713 |
| Spyglass Design, Inc. | $48,800 |
| Wagners Land Expansion, Inc. | $45,217 |
| KNP Communications, LLC | $41,667 |
| The Scarlet Aquatic Club, Inc. | $41,261 |
| Harbor Consulting Group, LLC | $40,000 |
| Bel Air Partners, LLC | $38,479 |
| Murro of Flemington, LLC | $37,900 |
| 4ward Planning, Inc. | $35,700 |
| Sourland Conservancy | $32,988 |
| Nassau Electric Princeton, LLC | $27,885 |
| Hopewell Motors, LLC | $27,580 |
| Fredy Estrada | $25,617 |
| Marchese Farm, LLC | $23,912 |
| Lyn Farrugia | $23,102 |
| Tobias Design, LLC | $20,900 |
| Bone-in | $20,833 |
| John Cromwell | $20,833 |
| John Calton | $20,833 |
| Intrende, LLC | $20,833 |
| John Cromwell | $20,833 |
| John Calton | $20,833 |
| Pugh Healthcare Business Advisors, LLC | $20,832 |
| Patrick Hannah | $20,832 |
| T W Sutton Consultants | $20,832 |
| The Purple Crayon, LLC | $20,832 |
| Seminal, LLC | $20,832 |
| Meta Consulting Group, LLC | $20,076 |
| Walter Beckhorn | $20,052 |
| Joanne Pawelko | $20,000 |
| Joanne Pawelko | $20,000 |
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