Coronavirus Paycheck Protection Loans In MD: Where The Money Went

·3 min read

MARYLAND — Nearly 5 million businesses have received more than $521 billion in loans through the Paycheck Protection Program (PPP), according to new data from the U.S. Small Business Administration and U.S. Treasury. In Maryland, organizations from consulting firms to dentists to restaurants to private schools to construction companies received PPP loans.

Businesses affected by the coronavirus pandemic were able to apply for the federal funds to help keep employees on the payroll.

That money has supported 51.1 million jobs — as much as 84 percent of America's small business employees — according to the U.S. Treasury.

Here is a searchable database of Maryland businesses that received PPP loans over $150,000.

In Maryland, officials said 86 organizations received PPP loans from $5 million to $10 million:

  • A Morton Thomas & Associates Inc.; Rockville

  • Acell, Inc.; Columbia

  • Adfinitas Health, LLC; Hanover

  • American Youth Hostels, Inc.; Silver Spring

  • Aronson LLC; Rockville

  • Ashley, Inc.; Havre de Grace

  • Boland Trane Services, Inc.; Gaithersburg

  • Business Integra Technology Solutions; Bethesda

  • Capital Digestive Care, LLC; Silver Spring

  • Capreit Operating Limited Partnership; Rockville

  • CARE Ventures; Cumberland

  • Carey International, Inc.; Frederick (approved April 11)

  • Carey International; Frederick (approved June 30)

  • Catalyst Solutions Inc.; Baltimore

  • Chase Brexton Health Services, Inc.; Baltimore

  • CJ MILLER, LLC; Hampstead

  • ClearOne Advantage LLC; Baltimore

  • Community Support Services, Inc.; Gaithersburg

  • Corporate Brokers, LLC; Annapolis

  • Cummins-Wagner Company, Inc.; Annapolis Junction

  • D A C Acquisition Company, LLC; Laurel

  • Delaware Elevator Inc.; Salisbury

  • Diamond Comic Distributors, Inc.; Hunt Valley

  • Dixie Construction Co., Inc.; Churchville

  • FEI.COM, Inc.; Columbia

  • First Home Mortgage Corporation; Baltimore

  • G3 Technologies Inc.; Columbia

  • GMS Mine Repair and Maintenance, Inc.; Oakland

  • Grunley Construction Co., Inc.; Rockville

  • GSE Systems, Inc.; Sykesville

  • H.I.S. LLC; Laurel

  • HomeCentris Health Care LLC; Owings Mills

  • Homeside Financial LLC; Columbia

  • Hord Coplan Macht, Inc.; Baltimore

  • Independent Can Company; Belcamp

  • Ironnet Cybersecurity Inc.; Fulton

  • James G. David Construction Corporation; Rockville

  • Karon Masonry of Maryland, Inc.; Laurel

  • Kogok Corporation; Upper Marlboro

  • Lecco Pipe Line Co. LLC; Elkton

  • Lemek LLC; Elkridge

  • Lerner Corporation; Rockville

  • Library Systems & Services Holdings LLC; Rockville

  • M-L Holdings Crane Group LLC; Baltimore

  • Maryland Oncology Hematology PA; Silver Spring

  • Maslow Medica Group; Rockville

  • McDonogh School, Inc.; Owings Mills

  • Miles & Stockbridge; Baltimore

  • Mission BBQ Management LLC; Glen Burnie

  • MNR Industries LLC; Bel Air

  • Morgan-Keller Inc.; Frederick

  • NB&C Master Holdco LLC; Elkridge

  • New Day Financial; Fulton

  • NewWave Telecom and Technologies; Elkridge

  • Offit Kurman, P.A.; Fulton

  • PF Growth Partners, LLC: Lutherville-Timonium

  • Powercon Corporation; Severn

  • Precise Systems Inc.; Lexington Park

  • PT Network LLC; Towson

  • Reliable Contracting Co., Inc.; Gambrills

  • Resource Management Concepts Inc.; Lexington Park

  • RMF Engineering Inc.; Catonsville

  • SC&H Group, Inc.; Sparks

  • Sea Watch International; Easton

  • Senseonics Incorporation; Germantown

  • Service Coordination Inc.; Frederick

  • Shapiro & Duncan Inc.; Rockville

  • Sherri J. Dale McGee DDS; Jessup

  • Silver Diner Development LLC; Rockville

  • Skyline Technology Solutions LLC; Glen Burnie

  • Smartlink Holdings LLC; Annapolis

  • Smith Industries Inc.; Capitol Heights

  • Social Solutions International Inc.; Rockville

  • Southern Maryland Electric Cooperative Inc.; Hughesville

  • Sparks Personnel Services, Inc.; Rockville

  • St. Mary's College of Maryland; St. Mary's City

  • Systems Application & Technologies, Inc.; Largo

  • Telligent Masonry LLC; Rockville

  • The RC Group; Annapolis

  • Thompson Creek Window Company; Lanham

  • Three Lower Counties Community Services Inc.; Salisbury

  • TWP Enterprises Inc.; Gaithersburg

  • Vision Technologies, Inc.; Glen Burnie

  • Westminster Ingleside King Farm Presbyterian Retirement Communities; Rockville

  • Whiteford, Taylor & Preston LLP; Baltimore

  • Z Systems Corporation; Greenbelt

PPP loans were established as part of the federal government's CARES Act and are similar to grants.

According to the Small Business Administration, PPP loans have an interest rate of 1 percent and can be fully forgiven if used for payroll costs, interest on mortgages, rent and utilities.

Patch editors Rich Scinto and David Copeland contributed to this report.

This article originally appeared on the Baltimore Patch

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