Hundreds Of Parsippany Jobs Reinstated With Pandemic Loan Money

·7 min read

PARSIPPANY, NJ – Hundreds of jobs in the Parsippany area were reinstated thanks to the U.S. Small Business Administration and U.S. Treasury Paycheck Protection Program that was designed to help New Jersey businesses affected by the coronavirus pandemic.

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 Parsippany and Troy Hills, the following businesses were approved for loans between $150,000 and $1 Million and the list indicates how many jobs that were reinstated:

  • AMERICAN FINANCIAL RESOURCES, INC., 310

  • DIAGNOSTICA STAGO INC, 372

  • GEORGE S. HALL, INC., 392

  • MED-METRIX, LLC, 437

  • ATLANTIC HOME LOANSS, INC., 201

  • CANFIELD SCIENTIFIC INC, 227

  • COYNE PUBLIC RELATIONS, LLC, 142

  • FEIN, SUCH, KAHN & SHEPARD, P.C., 225

  • HARMS SOFTWARE INC, 188

  • HENNION & WALSH, INC., 177

  • LOVE HEALTH, 117

  • MICRO STRATEGIES, INC.

  • MORRIS ANESTHESIA GROUP PA, 81

  • PNY TECHNOLOGIES INC, 168

  • SOLIX INC, 204

  • SUMMIT FINANCIAL HOLDINGS, LLC, 0

  • WIRELESS TELECOM GROUP INC, 154

  • Z AND A INFOTEK CORPORATION, 125

  • A-L SERVICES INC, 87

  • ATLANTIC METRO COMMUNICATIONS II INC, 58

  • BELLE ASSOCIATES LLC, 52

  • C & G CONSULTING SERVICES, INC., 103

  • CORPORATE ESSENTIALS, LLC, 145

  • EPEOPLE TECHNOLOGIES, INC., 45

  • JCPR, INC., 53

  • LAND ROVER OF PARSIPPANY, INC, 83

  • LIQUID CHURCH A NJ NONPROFIT CORPORATION, 106

  • MACROSOFT INC., 110

  • MENLO ACQUISITION CORPORATION

  • PAUL MILLER AWD, LLC, 75

  • PAUL MILLER INC, 83

  • PRECISION SPINE, INC., 124

  • PRESSLER, FELT & WARSHAW, LLP, 222

  • PROVENIR, INC, 67

  • SALONIKA ASSOCIATES LLC, 45

  • SJP PROPERTIES COMPANY

  • STEINEN HOLDINGS, INC., 99

  • SUNBRIGHT SERVICES BUILDING MAINTENANCE LLC, 175

  • WEINBERGER DIVORCE AND FAMILY LAW GROUP, 62

  • WEINER LAW GROUP LLP, 100

  • ACTIVATE LLC, 13

  • ADISON & PARTNERS, LLC, 21

  • AGADIA SYSTEMS INC., 72

  • ALLIANCE TELECOMMUNICATIONS CONTRACTORS, INC., 40

  • APPLICATION CONSULTING GROUP

  • ARMO CONSULTANTS LIMITED LIABILITY COMPANY, 0

  • ATLANTA TRADING AND ENGINEERING CONSULTING LLC, 23

  • BELL ENVIRONMENTAL SERVICES INC., 41

  • BUSINESS CREDENTIALING SERVICES, INC., 96

  • CEDAR RIDGE MANAGEMENT CORPORATION, 55

  • CHURCH OF SAINT THE APOSTLE, 26

  • CLARK DAVIS ASSOCIATES, 22

  • COMMUNITY HOPE, INC., 147

  • CROLL-REYNOLDS COMPANY, INC., 27

  • D&A CONTRACTING LLC, 52

  • DERMATOLOGY ASSOCIATES OF MORRIS, P.A, 27

  • ELECTRONIC DRIVES AND CONTROLS INC, 38

  • ELUSYS THERAPEUTICS, INC., 17

  • EMPIRIAN VILLAGE OF MARYLAND LLC, 69

  • EPOCH EVERLASTING PLAY LLC, 0

  • EXTREMITY MEDICAL LLC, 19

  • FINLANDIA CHEESE INC, 30

  • GLOBAL INSTALLATION RESOURCES, LLC, 14

  • GRANULES USA, INC., 20

  • GREEN ROOM COMMUNICATIONS LLC, 54

  • GTL CONSTRUCTION OF NEW JERSEY INC., 20

  • H & B CLEANING SERVICES INC, 72

  • HACKER BOAT COMPANY, 33

  • HOME CARE OF NEW JERSEY, LLC, 113

  • INGLESINO WEBSTER WYCISKALA & TAYLOR LLC, 32

  • INTEGRATION INTERNATIONAL INC, 74

  • KINNEY LISOVICZ REILLY & WOLFF PC, 26

  • KLINE & COMPANY, INC., 38

  • KLOPOTEK NORTH AMERICA, INC., 21

  • KWIK MORTGAGE CORPORATION, 37

  • L&M ARCHITECTURAL GRAPHICS, INC, 30

  • LANGDON FORD FINANCIAL INC

  • LAW OFFICES OF JAMES C. DEZAO, P.A., 32

  • LCL MANAGEMENT LLC, 66

  • MACRO CONSULTING GROUP, 0

  • MB IT ASSOCIATES LLC, 14

  • MCCABE HEIDRICH & WONG, A PROFESSIONAL CORPORATION, 24

  • MILLENIUM HOME MORTGAGE LLC, 35

  • MORRIS IMAGING ASSOCIATES, P.A., 16

  • NEX GEN IV, LLC, 41

  • NORTH AMERICAN PLYWOOD CORP OF CA, 45

  • NORTHPASS INC, 24

  • PAUL MILLER MANAGEMENT INC, 31

  • PAUL MILLER SPORTSCAR INC, 58

  • POINT OF CARE NETWORK LLC, 14

  • PROFESSIONAL SEERCH NETWORK, LLP, 56

  • SEVERNA OPERATIONS, INC., 23

  • STATEWIDE STRIPING CORPORATION, 0

  • SUCCESS ADVERTISING, 35

  • SWIFT SOLUTIONS, INC., 15

  • SYSTEMART LLC-SBA SMALL 7A TERM, 0

  • THE CASEY GROUP INC., 16

  • THE INCEPTION COMPANY, LLC, 57

  • THE KOHL GROUP, INC., 0

  • TM FORUM, A NEW JERSEY NON PROFIT CORPORATION, 33

  • TOUCHSTONE MANAGEMENT INC., 43

  • UMS GROUP INC., 21

  • VISTAAR TECHNOLOGIES INC, 28

  • A4 SOFTTECH LLC, 19

  • AJACO TOWING, INC., 27

  • ALAN D RAUCHBERG DMD DENTAL GROUP PA, 19

  • ALEON PHARMA INTERNATIONAL INC., 10

  • ALL SAINTS ACADEMY INC-SBA SMALL 7A TERM, 0

  • ALLIANCE DATACOMM, INC., 11

  • ANSSR'D CARE LLC, 20

  • ARTLINE HEAT TRASFERS INC., 0

  • ATV INC-SBA SMALL 7A TERM, 0

  • BLUE SKY DATA CORP, 11

  • BRAHAMPUTRA LLC, 14

  • BUSINESS ENVIRONMENTS, LLC, 18

  • CAMPUS FOOD SERVICES INC

  • CARING FOR LIFE ADULT DAY CARE, LLC, 31

  • CENTER FOR EVALUATION AND COUNSELING, INC., 29

  • COMMERCIAL ELECTRICAL CONTRACTING INC, 12

  • CORNERSTONE SEARCH GROUP LLC, 10

  • CORPORATE CONTRACTING INC, 9

  • COST REDUCTION SOLUTIONS, 12

  • DAVE HEINER ASSOCIATES INC, 0

  • DIVERSIFIED HEALTH MARKETERS, INC., 27

  • DYER & PETERSON PC, 15

  • ECI TRANSPORT, INC, 24

  • EDGEWOOD CONSULTING GROUP INC, 32

  • ELITE MECHANICAL HEATING AND COOLING, 8

  • EMERGENCY MEDICINE BUSINESS INTELLIGENCE, INC., 10

  • EMERSON RADIO CORP, 0

  • FIELDSTONE PROPERTIES, LLC, 13

  • FRANTZ GASTON JR AGENCY, INC., 22

  • FRONTIER PERFORMANCE POLYMERS CORPORATION, 0

  • GARDEN STATE WASTE MANAGEMENT CORP, 12

  • GENNET KALLMANN ANTIN SWEETMAN & NICHOLS, PC, 12

  • GOMEZ BROTHERS TRUCKING INC, 16

  • HR STAFFERS INC, 8

  • IME CONNECT LLC, 14

  • IMMEDIATE CARE PSYCHIATRIC CENTER, LLC, 32

  • INCORPORAN, INC, 14

  • INNOVATIVE NETWORK DESIGNS CORPORATION, 22

  • INNOVATIVE TRAVEL MARKETING, INC., 12

  • INSYST INC, 11

  • IVORY SYSTEMS

  • J M C DEVELOPMENT INC, 15

  • JAMES SPENCE AUTHENTICATION LLC, 0

  • JEFFREY A KROMPIER LLC-SBA SMALL 7A TERM, 0

  • JODHPURI INC., 0

  • JOLT COMMUNICATIONS LLC, 11

  • KOSTKA TAYLOR, LLC, 18

  • KSM TECHNOLOGIES LLC, 16

  • LIBERAL FINANCE SERVICE, 13

  • LMC PERSONNEL, INC., 19

  • MAGLIN MISKIV & ASSOCIATES, CPAS PA, 11

  • MICHAEL GRUBER, D.M.D., P.A, 24

  • MSI TECHNOLOGIES, LLC, 11

  • MUKEGROUP INC, 40

  • NATREL COMMUNICATIONS, INC., 16

  • NEWMLS, L.L.C., 15

  • NICON CONSTRUCTION LLC, 19

  • PARSIPPANY BBW LLC, 45

  • PARSIPPANY FOOT & ANKLE LLC-SBA SMALL 7A TERM, 0

  • PAUL MILLER GT INC, 18

  • POWDER MILL TOWING INC MONEY MARKET, 39

  • PRABHAV SERVICES INC, 14

  • PREMIUM DIGITAL OFFICE SOLUTIONS LLC, 10

  • RAM SOFTWARE SOLUTIONS, INC., 4

  • RCG TECHNOLOGY LLC, 5

  • RIVIERA CONSULTING LLC, 16

  • RMG CPA, LLC, 13

  • SAFETY SELLS INC, 10

  • SAFETY FIRST SYSTEMS LLC, 25

  • SANTOMASSIMO DAVIS, LLP, 14

  • SECURE SETTLEMENTS INC, 0

  • SHIVAM CONTRACTING INC, 64

  • SHREE MELDI KRUPA LLC DBA SMK NUTRA MAKERS, 19

  • SIGNET FINANCIAL MANAGEMENT, LLC, 0

  • SJP RESIDENTIAL PROPERTIES, LLC

  • STRATEGIC MICRO SYSTEMS OF NJ LLC, 24

  • THE DIETZ PARTNERSHIP LLC-SBA SMALL 7A TERM, 0

  • THINGEE CORP, 12

  • THOMAS KADIAN LLC, 2

  • TIFFANY ELECTRIC, INC., 11

  • TROY HILLS PANCAKE HOUSE, INC., 47

  • UNION MILL RUN, LLC, 23

  • WIZDATA SYSTEMS, INC. , 10

  • YODICE & CO. P.C., 8

  • ZETTALABS INC, 16

  • ZOYA ENTERPRISES, INC, 45

  • FYI SYSTEMS, INC., 60

  • CAGGIANO ORTHODONTICS LLC, 0

  • FOTILE AMERICA LLC, 21

  • INDIECENTIVE INC., 0

  • LIVWELL PHARMACY LLC,

  • TRITEC OFFICE EQUIPMENT INC., 20

  • A.J. O'CONNOR ASSOCIATES, INC., 10

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 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.

Patch editors Tom Davis and Jeff Arnold contributed to this report.

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This article originally appeared on the Parsippany Patch

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