Skip to content

Checked

PPP Loans in Maryland

190,721 loans worth $15B went to businesses and nonprofits in Maryland in 2020 and 2021, supporting 1,617,757 reported jobs.

Loans
190,721
Program ran 2020 to 2021
Total approved
$15B
Average $78,492
Jobs reported
1,617,757
Forgiven
$14.4B
96% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Maryland

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Montgomery County38,086$3.2B316,634
2Baltimore County27,447$2.2B237,161
3Prince George's County32,654$2B207,079
4Anne Arundel County17,265$1.5B163,663
5Baltimore city19,710$1.5B154,848
6Howard County11,694$1.3B124,385
7Frederick County6,999$644M72,770
8Harford County6,144$454M55,271
9Carroll County3,482$284M33,234
10Washington County3,316$283M33,761
11Charles County4,310$242M28,298
12Wicomico County2,612$224M28,687
13Worcester County2,442$188M30,254
14Queen Anne's County2,220$147M18,042
15St. Mary's County1,675$146M17,586
16Calvert County1,796$138M16,628
17Talbot County1,868$138M17,456
18Cecil County1,642$113M14,652
19Allegany County1,278$96.8M13,573
20Garrett County1,158$84.5M10,290
21Caroline County811$64M6,491
22Dorchester County1,054$55.8M6,992
23Somerset County414$18.6M3,102
24Kent County290$11.4M1,512

Loans by industry

Share of total loan dollars

  • Professional and technical services26,372 loans16.7%
  • Construction17,398 loans14.5%
  • Health care and social assistance20,895 loans13.4%
  • Accommodation and food services13,640 loans9.4%
  • Other services26,714 loans8.2%
  • Retail trade14,452 loans6.5%
  • Administrative and support services11,003 loans5.9%
  • Manufacturing5,263 loans5.4%
  • Wholesale trade4,451 loans3.6%
  • Transportation and warehousing18,779 loans3.4%

Loans by size

Share of the number of loans

  • Under $20K85,53544.8%
  • $20K to $50K58,07530.5%
  • $50K to $150K28,13314.8%
  • $150K to $350K10,8955.7%
  • $350K to $1M5,8853.1%
  • $1M to $2M1,5140.8%
  • $2M or more6840.4%

Top lenders

By loan dollars

  1. 1Manufacturers and Traders Trust Company15,769$2.1B
  2. 2Truist Bank8,533$1.4B
  3. 3Sandy Spring Bank6,478$1.2B
  4. 4PNC Bank, National Association8,806$1B
  5. 5Bank of America, National Association16,039$1B
  6. 6First National Bank of Pennsylvania4,859$706M
  7. 7Fulton Bank, National Association2,343$360M
  8. 8Shore United Bank, National Association3,380$326M
  9. 9Orrstown Bank2,149$291M
  10. 10WesBanco Bank, Inc.1,678$283M

Largest PPP loans in Maryland

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
PT Network, LLCHealth care and social assistanceTowson, MD21286$10M500$10.1MForgiven on 06/11/202104/12/2020
Gms Mine Repair and Maintenance, INC.Mining, oil and gasOakland, MD21550$10M500$10.1MForgiven on 06/15/202104/04/2020
Gse Systems, INC.ManufacturingSykesville, MD21784$10M380$10.1MForgiven on 08/02/202104/15/2020
Mission Bbq Management, LLCAccommodation and food servicesGlen Burnie, MD21061$10M500$10.1MForgiven on 06/11/202104/15/2020
Lemek LLCAccommodation and food servicesElkridge, MD21075$10M500$10.2MForgiven on 05/19/202204/09/2020
Smartlink Holdings LLCProfessional and technical servicesAnnapolis, MD21401$9.5M500$9.6MForgiven on 06/11/202104/27/2020
Silver Diner Development, LLCAccommodation and food servicesRockville, MD20852$9.5M500$9.6MForgiven on 06/11/202104/06/2020
D.a.c. Acquisition Company, LLCConstructionLaurel, MD20708$9.2M489$9.3MForgiven on 06/11/202104/08/2020
Vision Technologies, INC.InformationGlen Burnie, MD21061$9.1M500$9.2MForgiven on 06/11/202104/15/2020
Young Men's Christian AssociationOther servicesBaltimore, MD21204$9.1M500$9.2MForgiven on 07/18/202303/27/2021
Acell INCManufacturingColumbia, MD21046$9M408$9.1MForgiven on 03/23/202104/15/2020
Fei.com, INCProfessional and technical servicesColumbia, MD21046$9M425$9.1MForgiven on 05/05/202104/10/2020
A Morton Thomas & Associates INCProfessional and technical servicesRockville, MD20850$8.9M450$7.9MForgiven on 12/29/202204/14/2020
M-L Holdings Crane Group, LLCConstructionBaltimore, MD21227$8.8M404$8.9MForgiven on 07/06/202104/29/2020
Sole proprietorTransportation and warehousingFrederick, MD21703$8.7M222$8.8MForgiven on 07/26/202104/11/2020
The Rc GroupAccommodation and food servicesAnnapolis, MD21401$8.7M500$8.8MForgiven on 06/11/202104/08/2020
Miles & Stockbridge P.C.Professional and technical servicesBaltimore, MD21202$8.6M416$8.7MForgiven on 06/11/202104/15/2020
Southern Maryland Electric Cooperative, INC.UtilitiesHughesville, MD20637$8.6M476$8.7MForgiven on 06/18/202104/15/2020
James G Davis Construction CorporationConstructionRockville, MD20852$8.3M408$8.4MForgiven on 09/10/202104/11/2020
Nb&c Master Holdco LLCConstructionElkridge, MD21075$8.1M492$8.2MForgiven on 06/11/202104/07/2020
Bravura Information Technology Systems INCInformationAberdeen, MD21001$7.8M500$3.5MForgiven on 11/14/202204/27/2020
Adfinitas Health, LLCHealth care and social assistanceHanover, MD21076$7.8M359$7.9MForgiven on 06/29/202104/14/2020
Systems Application & Technologies, INC.Professional and technical servicesLargo, MD20774$7.7M500$6.6MForgiven on 08/24/202104/11/2020
Ashley, INC.Health care and social assistanceHavre De Grace, MD21078$7.6M250$7.6MForgiven on 06/15/202104/08/2020
New Day Financial, LLCFinance and insuranceFulton, MD20759$7.4M488$7.5MForgiven on 01/28/202204/13/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Maryland?
Lenders approved 190,721 PPP loans worth $14,970,145,242 for borrowers in Maryland, an average of $78,492 per loan.
What was the largest PPP loan in Maryland?
The largest was $10,000,000 to PT Network, LLC in Towson, which reported 500 jobs.
Which county in Maryland got the most PPP money?
Montgomery County received the most, $3.2B across 38,086 loans.