Hundreds Of Morristown Companies, Not-For-Profits Get PPP Loans

Jeff Arnold
·8 min read

MORRISTOWN, NJ – The U.S. Small Business Administration and U.S. Treasury released details of the country's massive Paycheck Protection Program that helped New Jersey businesses affected by the coronavirus pandemic, including

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. Below is a breakdown of the amounts approved in New Jersey:

· $5 million to $10 million: 162

· $2 million to $5 million 844

· $1 million to $2 million: 1,823

· $350,000 to $1 million: 6,689

· $150,000 to $300,000: 12,339

In Morristown, the following businesses were approved for loans of at least $150,000 and the number of jobs that were reinstated:

  • F. GERALD NEW INC, 10

  • MCELROY DEUTSCH MULVANEY & CARPENTER LLP, 426

  • ANESTHESIA ASSOCIATES, 103

  • COLLEGE OF SAINT ELIZABETH, 401

  • KMK CONSULTING INC, 117

  • MORRISTOWN MOTORS, INC., 150

  • MORRISTOWN-BEARD SCHOOL, 156

  • OLYMPUS POWER LLC, 208

  • ORLANDO PIZZA SYSTEMS LLC, 247

  • PLANNED PARENTHOOD OF NORTHERN, CENTRAL AND SOUTHERN NEW JERSEY INC.

  • MORRISTOWN, 185

  • PORZIO, BROMBERG & NEWMAN, P.C., 168

  • PRIMARY CARE PARTNERS, LLC, 305

  • QPHARMA INC, 105

  • REVHEALTH LLC. 151

  • RIKER DANZIG SHERER HYLAND & PERRETTI, LLP, 178

  • SCOTTO GEORGE AND MARTHA'S LLC, 146

  • THE ORDER OF ST. BENEDICT OF NEW JERSEY, 155

  • VILLA ENTERPRISES HOLDING CORP., 269

  • AFFILIATED DERMATOLOGISTS & DERMATOLOGI CSURGEONS, P.A., 85

  • AHG MONTCLAIR BEVERAGE LLC, 109

  • ALLIANT TECHNOLOGIES, LLC, 78

  • ANS CONTINUUM HOLDCO, LLC, 142

  • BCN TELECOM, INC., 85

  • BEYER FORD, LLC, 96

  • CIE TOURS INTERNATIONAL INC, 99

  • COUGHLIN DUFFY, LLP, 0

  • CRESTMONT MM, LP, 113

  • MORRIS COUNTY AUTO SALES INC

  • MORRISTOWN PATHOLOGY ASSOC, 56

  • MORRISTOWN POST ACUTE REHABILITATION AND NURSING CENTER LLC, 200

  • NK ARCHITECTS PA, 66

  • NPG HEALTH LLC 61

  • REGENTATLANTIC CAPITAL, LLC, 67

  • SWYFFT HOLDINGS, LLC, 101

  • THE HAMPSHIRE COMPANIES LLC, 62

  • THE PECK SCHOOL, 87

  • THE TIMBERS INC.

  • VILLA ENTERPRISE MANAGEMENT LTD, INC., 109

  • VILLA INVESTMENTS INC., 97

  • VISITING NURSE ASSOCIATION OF NORTHERN NEW JERSEY INC

  • ACCORDANT COMPANY, LLC-SBA SMALL 7A TERM, 0

  • ADVANCED VASCULAR ASSOC PC, 73

  • APPRAISAL SYSTEMS INC, 41

  • ARRIA NLG (USA) INC, 32

  • ATLANTIC HEALTH PARTNERS, LLC-SBA SMALL 7A TERM

  • AVERITAS PHARMA, INC., 14

  • BLACK HORSE TAVERN AND PUB, 24

  • BLOOM SALON INC, 61

  • CHURCH OF THE ASSUMPTION OF BVM, 60

  • CORNERSTONE FAMILY PROGRAMS, 120

  • DATAPOSITIVE, L.L.C., 39

  • DM AIRPORTS LTD, 26

  • DONNELLY MINTER & KELLY, LLC, 20

  • DONUT PAYROLL COMPANY LLC, 100

  • ENTEGRATION, INCORPORATED

  • FL AVIATION CORP

  • GRUNENTHAL USA INC, 19

  • HOFMANN DESIGN BUILD, INC. 40

  • IRON BAR LLC, 59

  • ISDIN CORP, 23

  • JERSEY BATTERED WOMEN'S SERVICE INC

  • JET FAST ENTERPRISES LLC, 87

  • JOCKEY HOLLOW BAR AND KITCHEN, LLC, 91

  • KIMMERLE GROUP MANAGEMENT CORP., INC., 25

  • LAUFER, DALENA, JENSEN, BRADLEY & DORAN, LLC, 26

  • MID-ATLANTIC SURGICAL ASSOCIATES, P.C. 30

  • MONK'S FRANCHISING LLC, 33

  • MORRISTOWN LUMBER AND SUPPLY CO INC, 23

  • MORRISTOWN OPTHAMOLOGY ASSOCIATES, PA, 25

  • MWM PROPERTIES LLC POODLE PALA, 94

  • NEW JERSEY MONTHLY LLC

  • O R M MOTOR CO LLC

  • ONE TO ONE FEMALE CARE, 39

  • ORLANDO FOOD HALL, LLC, 59

  • ORLOFF LOWENBACH STIFELMAN & SIEGEL PA, 40

  • P.L. THOMAS & CO. INC, 42

  • PERFORMLINE, INC., 0

  • PHARMA HEALTH LABS, LLC, 42

  • PORZIO LIFE SCIENCES LLC, 38

  • RABBINICAL COLLEGE OF AMERICA, 49

  • RYAN MOTORS OF MORRISTOWN INC

  • SECUREVEST FINANCIAL GROUP, 31

  • SENIOR HOME CARE SERVICES, INC., 73

  • SHEPARD PREPARATORY HIGH SCHOOL INC., 54

  • SHEPARD SCHOOL INC., 63

  • SMITH DESIGN ASSOCIATES, INC., 26

  • SOUTH STREET THEATER CO INC

  • SPINELLA CONTRACTING, INC, 24

  • SPRING HILLS ASSISTED LIVING ASSOCIATES LLC, 55

  • THE OFFICE OF MORRISTOWN LLC, 30

  • THE RED OAKS SCHOOL, 36

  • THOMAS JOSEPH RAGO, LLC

  • VILLA PIZZA OF PENNSYLVANIA, INC., 104

  • VISITING NURSE ASSOCIATION OF NORTHERN NEW JERSEY HEALTH SYSTEM INC.

  • WINDSOR BERGEN ACADEMY INC., 68

  • WINDSOR PREP INC. 60

  • AESTHETIC SMILES OF NJ, 17

  • AFFILIATED EYE SURGEONS OF NORTHERN NEW JERSEY, PA, 10

  • AGAIN INTERACTIVE, LLC, 11

  • ATLANTIC SPINE SPECIALISTS PC, 13

  • BERGER HIRSCH & OW MD PA, 18

  • BEYER OF MORRISTOWN, LLC, 24

  • BFK ENTERPRISES, INC.

  • BIOAEGIS THERAPEUTICS INC., 11

  • BLINKNOW FOUNDATION, 13

  • BRAUNSCHWEIGER BROTHERS INC, 0

  • CARDIOLOGY ASSOCIATES OF MORRISTOWN LLC, 22

  • CARLINK LLC, 10

  • CARMAGNOLA & RITARDI, LLC, 11

  • CASTLE VENTURES CORP-SBA SMALL 7A TERM, 0

  • CHILDRENS DENTISTRY OF MORRISTOWN LLC, 12

  • CNM LLC

  • COMMUNITY FOUNDATION OF NEW JERSEY, 15

  • COMMUNITY SOUP KITCHEN AND OUTREACH CENTER INC, 22

  • DENTAL ASSOCIATES OF BASKING RIDGE LLC

  • DHARM, INC, 31

  • DIAMOND FINANCIAL CONSULTANTS, INC. 9

  • DOLCE VITA, LLC. 22

  • DONAHUE, HAGAN, KLEIN & WEISBERG, LLC., 15

  • EC SOURCING GROUP INC, 15

  • ELIZABETH JOHNS BRIDAL COUTURE, LLC, 29

  • ENERGYBOX INC., 12

  • EVOLUTION LABS, INC., 10

  • EYE CARE MD OF NEW JERSEY PA, 23

  • FINANCIAL EDUCATION %26 RESEARCH FOUNDATION INC., 15

  • FINAZZO COSSOLINI O'LEARY MEOLA & HAGER, 12

  • FJ RAWDING AIA INC., 7

  • FLALEY INC, 30

  • G.S. WILCOX & CO., 11

  • GIBLIN COMBS & SCHWARTZ LLC

  • GODFATHER BRICK OVEN LLC, 15

  • GOLD, ALBANESE BARLETTI & LOCASIO LLC, 27

  • GOOD GRIEF, 11

  • GRT HP, INC., 7

  • HAND SURGERY SPECIALISTS, LLC, 8

  • HELLO HEALTH GROUP LLC,0

  • HERITAGE ABSTRACT COMPANY, 20

  • HERITAGE MORTGAGE BANKING CORP., 12

  • HIMA, INC.,30

  • HOY HEALTH LLC, 4

  • HS DESIGN, INC, 18

  • HUDSON INTEGRATED INC, 8

  • JMP SECURITY LLC, 19

  • JOHN CORTESE MASON CONTRACTORS, 23

  • KAPLAN, WILLIAMS, GRAFFEO & STERN, LLC, 6

  • KELIDO INC, 39

  • KNK SOFTWARE LP, 11

  • KRISTINE GEDROIC MD LLC DBA THE GEDROIC MEDICAL INSTITUTE, 13

  • KRULLER, INC, 49

  • LEO'S PRIDE, INC., 0

  • LEONARD LEGAL GROUP, LLC, 6

  • LLOYD RESTAURANT ASSOCIATES INC, 22

  • LOYOLA HOUSE OF RETREATS, 14

  • MADISON AVENUE ORAL AND MAXILLOFACIAL SURGERY ASSOCIATES LLC, 10

  • MILLENNIUM STRATEGIES LLC, 24

  • MITCHELL H DAVICH DMD PA, 11

  • MK SALON LLC, 27

  • MLS MEDICAL BILLING SERVICES, INC, 11

  • MOE DISTRIBUTORS, INC., 20

  • MONKS KITCHEN AND BATH DESIGN STUDIO LIM, 21

  • MORRIS LUMBER & WRECKING CO, 24

  • MORRISTOWN AND ERIE RAILWAY INC, 12

  • MORRISTOWN DINER

  • MOSUSHI INC, 26

  • MYERS WOLIN, LLC

  • MORRISTOWN, 13

  • NEIGEL CENTER PA, 14

  • NEW JERSEY PEDIATRIC NEUROSCIENCE, 13

  • NEWSOME O'DONNELL LLC, 8

  • NIEDWESKE BARBER LLC, 10

  • OLSEN & THOMPSON PA, 9

  • OUTDOOR DIGS LLC, 53

  • OVATION FUND SERVICES LLC, 7

  • OWEIS ENGINEERING INC., 10

  • PAWAR, GILGALLON & RUDY, LLC, 6

  • PETERS ADVISORS LLC, 13

  • PLAID HOUSE, INC., 10

  • PREMIER PLASTIC SURGERY CENTER OF NJ LL

  • PTC MARKETFORCE LLC, 30

  • R. F. ENDERLEY INC, 14

  • REALIN TRUCKING CORP. INC., 17

  • REGAL DRAPES LLC, 14

  • RETINA SPECIALISTS OF NEW JERSEY LLC, 23

  • RO

  • ROSS ROSENTAHL & CO LLP, 14

  • SECOND MELODY, 20

  • SENLAC RIDGE PARTNERS LLC, 14

  • SMITHSOLVE, LLC, 14

  • STIRLING TAVERN LLC, 40

  • SULLIVAN AND GRABER, PA 11

  • SWISS CHALET BAKERY AND CAFE INC, 25

  • TECHNICAL AIR SYSTEMS, INC., 13

  • TEMPLE B'NAI OR, 41

  • TERM ENTERPRISE, INC., 20

  • THE GRASSHOPPER OFF THE GREEN BAR AND RESTAURANT, LLC, 33

  • THE GROGAN LAW GROUP, LLC, 28

  • THE KRAUS GROUP LLC, 21

  • THE MORRIS MUSEUM, INC., 30

  • THE NEUROSCIENCE CENTER OF NORTHERN NEW JERSEY, P.A., 22

  • THE OFFICE OF EAST HANOVER LLC, 10

  • THE OFFICE OF RIDGEWOOD LLC, 12

  • THE OFFICE OF SUMMIT LLC, 35

  • THE WALSH COMPANY LLC, 16

  • TOWER CAPITAL MANAGEMENT LLC

  • TOWN BAR & GRILL LLC, 16

  • TRAJECTORY LLC, 14

  • TRIMBOLI & PRUSINOWSKI, L.L., 8

  • VILLA PIZZA, LLC, 14

  • VISITING NURSE ASSOCIATION OF NORTHERN NEW JERSEY

  • WIGHTMAN FARMS INC, 20

  • WILEY MALEHORN SIROTA & RAYNES, 10

  • WM. M. RYAN & CO., INC., 15

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.

The list of the recipients is below, although 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.

PPP loans have an interest rate of one percent and can be fully forgiven if they are used to payroll costs, interest on mortgages, rent and utilities.

New Jersey Patch editor Tom Davis contributed to this report

This article originally appeared on the Morristown Patch