Nearly 150k New Jersey businesses get $17.2B in loans

Federal authorities say more than 147,000 New Jersey businesses received $17.2 billion in loans from a federal program aimed at helping businesses hurt by the coronavirus outbreak.

 

The U.S. Treasury Department on Monday identified only those businesses that got loans of $150,000 or more.

The identified businesses account for some 22,000 companies.

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Full-service restaurants accounted for the industry with the most loans, followed by doctors’, lawyers’ and dentists’ offices.

Religious organizations and beauty salons were also near the top of the list.

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7/6/2020 8:29:18 PM (GMT -4:00)