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.
Top 100 largest PPP loans in 2020 in ZIP Code 07677
| Name of Borrower | Current Approved Amount |
|---|---|
| Mclaren Technical Services Esop Trust, Inc. | $4,626,072 |
| Catalogic Software, Inc. | $1,510,000 |
| Advanced Subacute Rehabilitation Center | $1,250,542 |
| Woodcliff Lake Health and Rehab Center, LLC | $1,243,938 |
| Family of Caring Healthcare at Ridgewood, LLC | $1,146,884 |
| Family of Caring Halthcare at Montclair, LLC | $839,370 |
| Orange Pathology Associates, P.C. | $838,745 |
| Price Meese Shulman & D'Arminio, P.C. | $742,013 |
| Perillo Tours, Inc. | $438,577 |
| Sapphire Marketing, LLC | $357,182 |
| Colonial Surety Company | $353,635 |
| J. Alperin Company, Inc. | $326,070 |
| Par Four Investment Management, LLC | $324,744 |
| Temple Emanuel of the Pascack Valley, Inc. | $258,700 |
| 5C Capital Management, LLC | $229,015 |
| Chestnut Ridge Dental Associates, PA | $202,851 |
| BB Tices Corner, LLC | $195,000 |
| The Koch Center, P C | $174,815 |
| FC Electric, Inc. | $166,710 |
| Computer Aided Software Technologies | $153,277 |
| John Commerford | $149,352 |
| Eagil Financial Group, LLC | $140,400 |
| Samrach, Inc. | $130,205 |
| Woodcliff Lake Ophthalmology, LLP | $124,422 |
| Yamato Sushi Catering, Inc. | $120,000 |
| Krakower Dichiara, LLC | $112,500 |
| Michelle Ward, Inc. | $110,100 |
| Elizabeth Roche Med Spa -Sba Small 7a Term, LLC | $103,781 |
| D. W. And J. C. Otterstedt, Inc. | $100,000 |
| Lubri Care Distributors, Ltd. | $98,035 |
| Franzese & Balian | $96,742 |
| Icarus International Group, LLC | $93,070 |
| Bakhash Wealth Management, LLC | $92,927 |
| Ungria Internationa, Inc. | $88,500 |
| Kraner, LLC | $86,512 |
| All Ways Electric, LLC | $85,000 |
| DE Zerga Landscaping, Inc. | $83,217 |
| Valley Chabad, Inc. | $82,661 |
| J a Landscaping, Inc. | $81,420 |
| Michael Betsy Orthopedic Surgery-Sba Small 7a Term, M.D. | $79,830 |
| G & B Partners, LLC | $76,395 |
| Randy B. Nassau Esq. | $69,900 |
| M & M Carpentry, Inc. | $67,035 |
| Star Pedigree, LLC | $67,000 |
| Rachel Antonoff, LLC | $67,000 |
| Healthcare Facility Compliance Corporation | $63,500 |
| Eli Rachlin, LLC D.D.S. | $63,421 |
| Tices Eyes, Inc. | $62,500 |
| L & L Management, LLC | $58,935 |
| Peony Online, Inc. | $57,545 |
| Brumont, LLC | $56,706 |
| Lincoln Real Estate, LLC | $54,315 |
| Churchill Plumbing & Heating, LLC | $53,534 |
| SCS Analytics, LLC | $49,420 |
| Sol Eje, Inc. | $48,934 |
| Fairfield Industrial III, LLC | $46,900 |
| Rania Scander PA, D.M.D. | $45,000 |
| Burchell Advanced Practice Services, LLC | $44,270 |
| Woodcliff Lake Liquors Corporation | $43,444 |
| Personal Image, PC | $42,297 |
| Brown Commercial Real Estate Services LL | $41,562 |
| Healthsystemcio.com Media, Inc. | $40,775 |
| Wittlinger Orthodontics, PA | $40,750 |
| Lou Dichiaro's Baseball & Softball Academy Corporation | $38,333 |
| Timber Pharmaceuticals | $37,772 |
| 21 Salon Blow DRY Bar & Color Membership, LLC | $37,500 |
| Arthur Weinberg, D.D.S. | $36,025 |
| Our Lady Mother of the Church-Sba Small 7a Term | $35,987 |
| Hook Mountain Productions, LLC | $35,290 |
| Stewkrell Trading Company | $34,640 |
| CSC Management, LLC | $33,621 |
| RJT Remodeling, LLC | $33,026 |
| Data Concepts Info Technician Corporation | $32,687 |
| Celestino Construction -Sba Small 7a Term, Inc. | $31,460 |
| Christ Lutheran Church-Sba Small 7a Term | $31,100 |
| Mealex Corporation-Sba Small 7a Term | $30,832 |
| Eric T Linden MSD PC, D.M.D. | $30,804 |
| Dman Associates, Inc. | $30,548 |
| Yeung's Contracting, LLC | $30,475 |
| Bel Fiore, Inc. | $30,288 |
| Woodcliff Builders, LLC | $29,900 |
| Mike Barone -Sba Small 7a Term, Inc. | $29,502 |
| Chris Burbidge | $27,367 |
| Top Street Productions, Inc. | $26,638 |
| Woodcliff Luxury Nail and Spa, LLC | $26,454 |
| AVS Electrical Contracting-Sba Small 7a Term | $26,250 |
| J. A. T. Insurance Consulting | $26,135 |
| Perillo Travelvr, LLC | $25,362 |
| IN-Balance Health, LLC | $25,257 |
| Tellak Travel-Sba Small 7a Term, LLC | $25,000 |
| Holistic Health & Wellness Center | $24,600 |
| Arjai, Inc. | $24,000 |
| Pentland Graphics, Inc. | $23,960 |
| Kersa Management, LLC | $22,470 |
| Specialty Sound and Vision-Sba Small 7a Term | $22,083 |
| DNH Consulting, LLC | $21,800 |
| Jane Nikol | $20,833 |
| John C. Turcott | $20,833 |
| Narins Ventures | $20,833 |
| Mercedes Gaeta, LLC | $20,833 |
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