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.

News 12 Staff

Jul 7, 2020, 9:29 AM

Updated 1,382 days ago

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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.
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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.
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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(Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

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


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