These Andover Businesses Got PPP Loans Over $150,000

Andover MA

07 July, 2020

10:53 AM

Description

ANDOVER, MA — The U.S. Small Business Administration released the names of every company that received loans under the Paycheck Protection Program, or PPP, including the names of every Andover company that took advantage of the program. The $659 billion program was aimed at protecting jobs after businesses across the country were forced to shut down in March to slow the spread of the coronavirus. Several media companies sued the SBA to get the names of the companies released. More than 18,000 Massachusetts businesses and non-profits have received loans of $150,000 or more from the PPP to help pay their employees during the coronavirus pandemic. PPP loans were established as part of the federal government's CARES act, and are similar to grants: they will be forgiven as long as businesses keep its employees on their payroll, without cutting their pay. However, the money does not necessarily have to go directly to employees as long as the business keeps paying them, it can also be used to pay interest on mortgages, rent, and utilities. The list below includes the Andover companies that received $150,000 or more from the loan program: $5 to 10 million Agrimark, Inc.Black Diamond NetworksBurtons Grill LlcThe Staffing Group Holding Company$2 to 5 million American Training, Inc.Arc Cool Holding CorpFoley Holdings LlcJvt AdvisorsOra IncThe Footbridge Companies, LlcXpress Natural Gas Llc$1 to 2 million A&M Roofing Services LlcFishman Transducers Inc.James T. Lynch Construction Co., Inc.Lease And Rental Management Corp.New England Orthodontic LaboratoryOrthopaedics Northeast, P.C.Professional Center For Handicapped Children, IncReliable It, LlcSacks & Company, IncStandard Duplicating Machines CorporationThe Pike School$350,000 to $1 million Aceinna IncAndover School Of Montessori, Inc.Applied Value LlcBanks Ii Quan And Associates, Inc.Bear Mt Andover LlcBill Deluca Chevrolet Cadillac, Inc.Boston Partners Financial Group, LlcBradford Coatings IncCarimar Mcdonald'SDalton & FinegoldDeloury Construction Co.Eci Systems, LlcHarris Environmental Systems, Inc.Lcp Andover Hospitality LlcMaritza Morell, Dmd, PcMassachusetts School Of Law At Andover IMedical Healthcare Solutions, IncNdd Medical Technologies IncNew England Label IncNorthbay Solutions LlcNortheast Document Conservation Center, Inc.Old Andover Restaurant, Inc.Pnt Education LlcRms Media Group, IncRoyal Jewelers IncRutter Networking Technologies, Inc.Schwartz Hannum PcShawsheen Rubber Company, IncSt. Augustine SchoolStateside Construction Group, Inc.Studypoint, Inc.Tbd Pizza, Inc. D/B/A Domino'STec, Inc.Touchstone Closing & Escrow LlcVanasse & Associates, Inc.$150,000 to $150,000 Andover Cafe LlcAndover Dermatology, PcAndover Ece, Llc.Andover Eye Associates IncAndover Mexican Restaurant, IncAndover Restaurant Group LlcBlub0X Security, Inc.Bredy Network Management CorporationCare For You, Inc.Cascodium LlcCataract And Laser Center Of The North Shore LlcCeg Operating Company LlcCelera Networks Inc.Challenge Unlimited IncCongregation Temple Emanuel Of Andover, MassachusettsCooperstown Environmental LlcDb Healthcare IncE & F Environmental CorporationFarmers Row Hospitality Inc.Feng Fu IncFirst-Call Medical IncFrancis P Reilly & Sons, Inc.Geriatric Assistance IncH&S Restoration IncInformative Technologies LimitedJ White Contracting IncJames W Skillings Dds PcJohnson & Borenstein, LlcJoseph D Lagrasse & Associates, Inc.Lanam Club, Inc.Light Enterprises Inc.Lixi Hospitality AndoverMaterials Development CorpMaxq Ai, Inc.Mcneeley Enterprises LlcMelanie Casey CorpMorris, Rossi & HayesNecc CorporationNextuple, Inc.Nsight, Inc.O'Brien Homes IncOnevision, Inc.Palmers Restaurant, Inc.Richard Purinton IncSal'S 34 Park, LlcSalon InviScp IncSegreve & Hall Insurance Associates, IncShed, Inc.Sifos Technologies IncTactician CorporationThe Dog Nanny LlcThe Financial Advisors, LlcThe Vesume Group, LlcTime To Change The World, IncTransmural Systems LlcTri-Logic Massachusetts Business TrustViking Healthcare Solutions IncWilliam J. Iananzzi, Inc.Yvon Cormier Construction Corp.The Chateau Restaurant Of Andover, Inc.Christopher Huffaker can be reached at 412-265-8353 or [email protected].