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 2021 in ZIP Code 08053
| Name of Borrower | Current Approved Amount |
|---|---|
| Reconstructive Orthopedics P. A. | $2,000,000 |
| Philadelphia Truck Line, Inc. | $2,000,000 |
| Continuum Health Alliance, LLC | $1,854,164 |
| Naulty Scaricamazza and Mcdevitt | $1,038,605 |
| Elkins Chevrolet, LLC | $913,030 |
| Del Val Media, LLC | $680,284 |
| Suede Salon and Spa, LLC | $621,475 |
| Mssa Associates, Inc. | $610,887 |
| Sunmed Medical Systems, LLC | $561,905 |
| Selectron Solutions, LLC | $520,200 |
| Dami of Marlton New Jersey, PC | $484,712 |
| Marlton Assembly of God | $471,510 |
| Nextgen Services Group, Inc. | $453,250 |
| National Employee Management Resources, LLC | $450,600 |
| Pietros Coal Oven Pizzeria, Inc. | $425,600 |
| Capitol Woodwork & Cabinetry, LLC | $386,901 |
| Porter Martin Salman P a | $377,530 |
| DRS Rosen & Dworkin PA | $373,250 |
| Marco's Restaurant, Inc. | $368,035 |
| Senior Salon Services, LLC | $335,000 |
| Milstead & Associates, LLC | $315,000 |
| Dansky | Katz | Ringold | $304,326 |
| Heymann Manders Green & Sommer, LLC | $301,900 |
| Resolution Management Consultants, Inc. | $268,990 |
| Haddon Oral Sugeons PA | $262,500 |
| Borbi Clancy & Patrizi Law, LLC | $261,660 |
| Jay Roberts Jewelers, LLC | $260,515 |
| Ambassador Medical Services, Inc. | $231,602 |
| Olga's Diner, LLC | $230,251 |
| Chauffeur Driven, Inc. | $217,700 |
| Two Vic, LLC | $208,100 |
| Isearch Partners, Inc. | $208,100 |
| Console & Associates, PC | $206,100 |
| Team Builders Plus, Inc. | $202,100 |
| J2L Express | $200,000 |
| 5macs Corporation | $199,320 |
| Delaware Valley Institute of Fertility & Gentetics PA | $198,290 |
| The Mexican Food Factory, Inc. | $198,127 |
| Brindisi Builders, LLC | $194,600 |
| Dent-Cylc Enterprises, Inc. | $192,207 |
| Blaze Management, LLC | $184,300 |
| Education and Chris, Inc. | $182,375 |
| Jarve Kaplan Granato Starr, LLC | $180,000 |
| T and N Project, LLC | $173,192 |
| May Media Group, LLC | $170,000 |
| Marlton Animal Hosptial PA | $164,870 |
| J3F3, Inc. | $163,200 |
| Sushi Kingdom NJ, Inc. | $162,354 |
| Clear Choice, LLC | $159,181 |
| Denittis Osefchen and Prince, P.C. | $154,341 |
| Solvix Solutions, LLC | $153,412 |
| Davis & Associates, LLC | $152,414 |
| Always There in Home Health Care, LLC | $151,000 |
| Liebman Wellness Center, P C | $149,900 |
| Elmwood Family Physicians, LLC | $149,652 |
| Hope Christian Church of Marlton, Inc. | $148,500 |
| The Kettle & Grille Restaurant Corporation | $147,136 |
| Under the Sun Learning Center of Marlton | $146,750 |
| K9 Basics Dog Training, LLC | $146,525 |
| Alterman Associates, LLC | $144,382 |
| Macs Amoco, Inc. | $142,451 |
| Royalblu Investments, LLC | $139,548 |
| Harry Grossman PA, M.D. | $138,452 |
| Brian M Fleischer Esquire, PC | $138,413 |
| Vive Medical Weight Loss, LLC | $137,058 |
| The Orthodontic Group PA | $134,360 |
| Burnham Law Group, LLC | $132,100 |
| Church of St. Isaac Jogues | $130,390 |
| PML Travel and Tours, Inc. | $127,040 |
| Advanced Medical Care Center | $122,487 |
| Sandra Elder | $121,235 |
| South Jersey Barons Youth Club, Inc. | $119,805 |
| Simply the Best Choice, LLC | $119,318 |
| The Parlour Room, LLC | $117,715 |
| Ssano Management Company, LLC | $117,550 |
| Toppers Spa Salon Marlton, LLC | $116,320 |
| Macs Car Wash, Inc. | $115,761 |
| Carlyn S Phucas Orthodontics LLC D.D.S. | $112,495 |
| The Barnett Group, LLC | $112,200 |
| Geographic Services, Inc. | $108,145 |
| Alpine Brokerage Services, LLC | $107,815 |
| Billig Jewelers, Inc. | $107,037 |
| Restore Physical Therapy, LLC | $106,720 |
| Moncom., LLC | $105,700 |
| Gokuldev, LLC | $103,978 |
| Shore Imaging Associates Marlton, LLC | $103,805 |
| Carryl Slobotkin | $103,440 |
| Cosmopolitan Dental, LLC | $102,417 |
| Hudson Development Associates, Inc. | $102,075 |
| Ryan Kent | $101,055 |
| Innovative Car Wash Concepts, LLC | $98,700 |
| Excel Learning Center, Inc. | $93,775 |
| Giadon Corporation | $92,620 |
| Carolyn Cutney LLC M.D. | $88,805 |
| Michelle Candia | $88,682 |
| The Cardiovascular Center, LLC | $87,362 |
| ATTS, Inc. | $87,100 |
| The Mapleton Corporation | $86,900 |
| Kevin & Tom, Inc. | $85,813 |
| Telegence Corporation | $85,321 |
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