Here Are The Hoboken Businesses That Got Coronavirus PPP Loans
HOBOKEN, 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 Hoboken businesses on the list:
P&B INTERMODAL SERVICES, LLC
SHIPCO TRANSFER
ACADEMY LINES, LLC
AVOCADO MATTRESS L.L.C.
HOBOKEN HOTEL LLC
METROPOLITAN HEALTH STRATEGIES LLC
NUMBER 22 HILLSIDE, LLC
STEVENS COOPERATIVE SCHOOL
225 LIQUOR LICENSEE LLC
ALL SAINTS EPISCOPAL DAY SCHOOL
ALL STATE INTERIOR NJ CORP
ASSET STAFFING OF NEW JERSEY, LLC
ATLANTIC ENVIRONMENTAL SOLUTIONS, INC.
BRESCIA & MIGLACCIO MD PC
CARLA NICOLE PROPERTY MANAGEMENT LLC
CLS PROJECT SOLUTIONS, INC
CRESTHILL HOLDINGS LLC
EAST COAST SPINE JOINT AND SPORTS MEDICINE PROFESSIONAL ASSOCIATION
EFFECTUAL INC.
FCF GROUP HOLDINGS LLC
GENESIS RESEARCH LLC
HARRISON HOTEL 1 URBAN RENEWAL LLC
HEALTH RECOVERY SOLUTIONS INC.
HIVEIO, INC.
HOBOKEN CHARTER SCHOOL INC
HUDSON PRO ORTHOPAEDICS AND SPORTS MEDICINE LLC
INTL BOND & MARINE BROKERAGE LTD
JARRETT CREATIVE GROUP INC
JHC TECHNOLOGY INC.
LEVELWING MEDIA, LLC
LMS CONSULTING LLC
MAGNOLIA INNOVATION LLC
MARCHETTO HIGGINS STIEVE PC
MILE SQUARE EARLY LEARNING CENTER
MUSTARD SEED SCHOOL, CHRISTIAN URBAN EDUCATION, INC.
NEW GENERATION ENERGY & ENVIRONMENTAL
ONEMARKETDATA LLC
OUT INC.
PAN AMERICAN COFFEE CO. LLC
PROPERTY PILOT LLC
PROSPECT DENTAL PC
PURE POWER ENGINEERING, INC.
PV PROS INC
RMG MEDIA, LLC
SIMS PUMP VALVE CO INC
SKIM ANALYTICAL INC.
SPHERE TECHNOLOGY SOLUTIONS LLC
TECHMATES GROUP, LLC
THE HUDSON SCHOOL
TIMBER LIQUOR LICENSE LLC
TRIAD MEDIA SOLUTIONS INC
TRU DENTAL P.C
WAVETECH GLOBAL, INC
WHITE OAKS ALIGNED, LLC
YOTTA CONNECT LLC
340 SINATRA DRIVE HOQ LLC
44 HUDSON PLACE-SBA SMALL 7A TERM
500 GRAND CORP
76 RIVER STREET INVESTMENT CORP
ADVENTURES IN LEARNING DAY CARE LLC
ANTHONY F. LAMA REALTY SERVICES, INC.
ASPEN MARKET PLACE CORP.
ASSET BASED MANAGERS, LLC
ATABOY STUDIOS INC.
BANYAN SOLUTIONS LLC
BE LINGUAL PRESCHOOL LIMITED LIABILITY DBA TESSA
BEAR MATTRESS LLC
BELLA VOLPE INC
BIJOU DEVELOPMENT LLC
BRENCORP DBA HUDSON TAVERN
CARU LLC-SBA SMALL 7A TERM
CELSIUS NETWORK INC.
CHOC O PAIN PROD LLC
CHURCH TOWERS URBAN RENEWAL CORP-SBA SMALL 7A TERM
CITISTRUCTURE LLC
CITY LIGHTS INTERNATIONAL CORPORATION
CKJ GROUP LLC
CONTINUOUS NETWORKS, LLC
COSMOPOLITAN FOOD GROUP, INC.
CRYDON CORP
CTX FREIGHT SERVICES INC.
CTX GROUP INC
CTX WMS INC
DEAN ENERGY SOLUTIONS CORP.
DHARMA LIFE LLC
ELYSIAN TRACE HOLDINGS LLC
EMPOWERED HOSPITALITY LLC
ENHATCH INC
FINE FRAGRANCES DISTRIBUTION, LLC
FOURTEENTH STREET CORP
FRANK R. DEPAOLA, DDS & ASSOC., LLC
FUREY FINANCIAL SERVICES, LLC
GENERAL LUMBER COMPANY, INC.
HARBOUR MECHANICAL CORPORATION
HD CONSULTING SERVICES LLC
HOBOKEN FAMILY PLANNING INC
HOBOKEN GRACE COMMUNITY CHURCH INC
HOBOKEN LITTLE SCHOOL LLC
HOBOKEN LOFT LOUNGE INC
HOBOKEN MONTESSORI SCHOOL LLC
HUDSON PSYCHIATRIC ASSOCIATES, LLC-SBA SMALL 7A TERM
IRONWAVE HOSPITALITY LLC
JOHN NASTASI ARCHITECTS
JOMIAN LLC
LASALLE REPRESENTATIVES LLC
LIBERTY REALTY, LLC
LOMBARDI BISTRO, LLC
M.A.D. MANAGEMENT, LLC
MADD HATTER, INC.
MALIBU DINER INC
MANHATTAN NEON SIGN CORP.
MARIDIAN REAL ESTATE, INC.
MAURIZI INC-SBA SMALL 7A TERM
MAZZANTI INC.
METAURUS LLC
MICHELE LITSKY PUBLIC RELATIONS INC
MINERVINI-VANDERMARK,LLC
MOZAD GROUP, LLC
NEWAY TECHNOLOGIES INC.
NINE HOBOKEN, LLC
NISFAR MINING, INC.
NW FINANCIAL GROUP, LLC
NYC SPORTS LLC
OKINAWA HOBOKEN INC
OPENVAULT LLC
OPUS CAREER MANAGEMENT INC
PHILLIPS PREISS GRYGIEL LEHENY HUGHES
PORT IMPERIAL HOQ LLC
POSITIVELY FOURTH STREET INC
PRESWILL LLC
PRIMETIME TITLE AGENCY, LLC
PROACTION TECHNOLOGIES INC
PROLINK MANAGEMENT SERVICES INCORPORATED
PROMPT M.D., L.L.C.
PUPPET HEAP LLC
PUTNAM ROLLING LADDER COMPANY, INC.
READ 2 LEARN II LLC
REXPEP INC.
ROBIN N LUCAS DMD
ROBOTECH CAD SOLUTIONS INC
RONBON, LLC
ROOSEVELT STRATEGIC COUNCIL LIMITED LIABILITY COMPANY
SALON GATTO LLC
SFARA, INC.
SHOP TUTORS INC
STAN'S SPORT CENTER INC.
STILOG INCORPORATED
SUSHI ROCK INC
T & M CONTRACTING CO INC
TAKE IT TO THE MAX INC
THE COSTA GROUP LLC-SBA SMALL 7A TERM
THREE PLUS TWO, INC.
TONY BOLONEYS HOBOKEN-SBA SMALL 7A TERM
TRES GIRASOLES LLC
UNITED SYNAGOGUE OF HOBOKEN
VIAX, INC.
VINTAGE SPIRITS LLC
W KODAK JEWELERS INC.
WASHINGTON STREET BAR, LLC
WILLIE MCBRIDE'S OF BRANCHBURG INC
ZOKU, LLC
A number of businesses are now reporting that the list, in some 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, go to the bottom of this story.
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This article originally appeared on the Hoboken Patch
