Business & Tech

Asbury Park Coronavirus PPP Loans: McLoone's, Others Get Help

Here is a list of businesses in Asbury Park that got the loans.

(Google photo)

ASBURY PARK – The U.S. Small Business Administration and U.S. Treasury released details of the country's massive Paycheck Protection Program that helped 54 Asbury Park businesses affected by the coronavirus pandemic. Those businesses included McLoone's and many others (see list below).

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. Read more: Coronavirus PPP Loans In NJ: Where The Money Went

Find out what's happening in Asbury Parkfor free with the latest updates from Patch.

The list of the recipients is below, although a number of businesses are now reporting that the list 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.

Find out what's happening in Asbury Parkfor free with the latest updates from Patch.

"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.

Here is the Asbury Park list, and the number of jobs that the money is supposed to account for:

$5-10 million

  • TFC PARTNERS INC., ASBURY PARK 500

$1-2 million

  • CENTRAL JERSEY URGENT CARE LLC, ASBURY PARK 195
  • ENCON MECHANICAL CORPORATION, ASBURY PARK 86
  • MADISON ASBURY RETAIL LLC, ASBURY PARK 300
  • TTI OF USA INC., ASBURY PARK 84

$350,000-1 million

  • 601-603 LIQUOR LICENSE PARTNERSHIP, ASBURY PARK 86
  • ABG LIQUOR HOLDINGS LLC, ASBURY PARK
  • ALL OTHERS, ASBURY PARK 25
  • AOC OP CO, LLC, ASBURY PARK 88
  • AP RESTAURANT I LLC, ASBURY PARK 118
  • ASBURY PUB LLC, ASBURY PARK 56
  • CANADA DRY BOTTLING CO. OF ASBURY PARK, INC., ASBURY PARK 46
  • COLLEGE ACHIEVE GREATER ASBURY PARK CHARTER SCHOOL, ASBURY PARK 57
  • DAYTON GREY CORP, ASBURY PARK
  • HEMMINGS AT ASBURY, LLC, ASBURY PARK 56
  • KROSNEY BERG TALANSKY & TURTEL MDS PA, ASBURY PARK 36
  • MCLOONE'S ASBURY PARK, LLC, ASBURY PARK 184
  • OHANA KITSCHEN COMPANY, ASBURY PARK 53
  • PORTA AT ASBURY, LLC, ASBURY PARK 121
  • RENOVA ENVIRONMENTAL SERVICES, LLC, ASBURY PARK 28
  • SEAVIEW AUTO, ASBURY PARK 44
  • SI OP CO AP, LLC, ASBURY PARK 38
  • SMITH MANAGEMENT GROUP LLC, ASBURY PARK 24
  • SOLAR LANDSCAPE LLC, ASBURY PARK 0
  • STEINBACH LIQUOR LICENSE LLC, ASBURY PARK
  • TBD, INC., ASBURY PARK 75
  • TIME AND SPACE SCENIC LLC, ASBURY PARK 2
  • VNA OF CENTRAL JERSEY COMMUNITY HEALTH CENTER, ASBURY PARK 115

$150,000-350,000

  • 1401 OCEAN LLC, ASBURY PARK 0
  • A LITTLE CLASS INC, ASBURY PARK 31
  • ADAPTING SOCIAL LLC, ASBURY PARK 20
  • AMBROSE HOLDINGS INC., ASBURY PARK 25
  • ANDREW GROSSMAN UPHOLSTERY LLC, ASBURY PARK 16
  • BIG BROTHERS/BIG SISTERS OF COASTAL & NORTHERN NEW JERSEY, INC., ASBURY PARK 21
  • BOND STREET BAR & GRILL LLC, ASBURY PARK 60
  • BOOSKERDOO COFFEE LLC, ASBURY PARK 42
  • BOYS AND GIRLS CLUB OF MONMOUTH COUNTY, ASBURY PARK 69
  • COOKMAIN LLC, ASBURY PARK 14
  • FLAWLESS BEAUTY LLC, ASBURY PARK 16
  • GERMAN GARCIA CORP, ASBURY PARK 34
  • GOLD CHRIS ASSOCIATES LLC, ASBURY PARK 35
  • HOUSE OF INDEPENDENTS, LLC, ASBURY PARK
  • INNOVATIVE GREEN TECHNOLOGIES LLC, ASBURY PARK 0
  • INTERFAITH NEIGHBORS INC., ASBURY PARK 27
  • JEWISH FAMILY & CHILDRENS SERVICE, ASBURY PARK 0
  • MB MOTOR SPORTS LLC-SBA SMALL 7A TERM, ASBURY PARK 0
  • MERCY CENTER CORPORATION, ASBURY PARK 21
  • METZ CONNECT USA, INC., ASBURY PARK 17
  • PHARMASOOD LLC, ASBURY PARK 0
  • REUSSI MANAGEMENT LLC, ASBURY PARK 16
  • SACKMAN ENTERPRISES OF NEW JERSEY, LLC, ASBURY PARK 20
  • SUNNYFIELD CORP, ASBURY PARK 21
  • THE CHURCH OF MOTHER OF MERCY, ASBURY DBA MT CALVARY CEMETERY, ASBURY PARK 34
  • UNITED CLEANING CONTRACTORS, INC., ASBURY PARK 0

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