The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
Top 100 largest PPP loans in 2020 in ZIP Code 21227
| Name of Borrower | Current Approved Amount |
|---|---|
| M-L Holdings Crane Group, LLC | $8,769,900 |
| Blind Industries and Services of Maryland | $3,535,025 |
| Beltway International, LLC | $3,163,300 |
| Mcclung Logan Equipment Company Inc., Inc. | $2,205,200 |
| Tate Engineering Systems, Inc. | $2,134,100 |
| Cockeys Enterprises, Inc. | $2,000,000 |
| Option Holders | $1,989,500 |
| Form Services, Inc. | $1,367,700 |
| George J Falter Company, the | $1,256,127 |
| S3 Integration, LLC | $1,239,300 |
| RCT Systems, Inc. | $1,150,500 |
| Machado Construction Company, Inc. | $916,400 |
| Phillips Seafood Baltimore, LLC | $855,500 |
| Inter-Lux, LLC | $853,752 |
| J C Parry & Sons Company, Inc. | $784,000 |
| Plastech Services, Inc. | $768,900 |
| Si Restoration, Inc. | $691,444 |
| Softdev Incorporated | $498,214 |
| Fusion Solar Services, LLC | $496,290 |
| D. C. Foam Recycle Incorporated | $460,500 |
| PHR of Baltimore, Inc. | $458,874 |
| The E. I. S. Group, Inc. | $452,492 |
| Chesapeake Vascular Access, LLC | $428,500 |
| C. N. Robinson Lighting Supply Company | $414,801 |
| Adform Advertising, LLC | $406,600 |
| Special Olympics Maryland, Inc. | $402,603 |
| Holy Angels Catholic School, Inc. | $368,938 |
| CTG, Inc. | $363,292 |
| World Trade Logistics, Inc. | $355,900 |
| Geller Lighting Supply Company, Inc. | $339,613 |
| General Paving & Contracting, Inc. | $326,532 |
| E2CR, Inc. | $316,600 |
| Arbutus Refrigeration, Inc. | $310,500 |
| First Choice Services, Inc. | $291,467 |
| Liston Electric, Inc. | $282,400 |
| Lumina Solar, Inc. | $269,090 |
| Efi Group, the, LLC | $257,077 |
| Absolute Worldwide Logistics | $253,542 |
| The Baltimore Auto Supply Company | $252,212 |
| Management Resource Services, LLC | $250,000 |
| Brenners Restoration, Inc. | $248,000 |
| Waverly Construction & Management | $243,300 |
| TMD Technologies, LLC | $232,800 |
| HP Electronics, Inc. | $230,235 |
| United Marble & Granite | $229,975 |
| Watson Hall Partners, LLC | $225,000 |
| M-Technician Mechanical, LLC | $210,300 |
| Serio US Industries, Inc. | $186,300 |
| Star Sales Baltimore, Inc. | $168,500 |
| Superior Supply, Ltd. | $146,019 |
| Sisters Academy of Baltimore | $136,905 |
| Dave's Collision Center, Inc. | $132,700 |
| Afro-American Company of Baltimore City | $124,209 |
| The Waters Company Baltimore | $122,428 |
| The AVS Group, LLC | $116,000 |
| 21ST Century Security, LLC | $109,700 |
| Vision Contract, Inc. | $109,300 |
| Casey Cares Foundation | $104,298 |
| Harting & Sons Building Supplies | $100,000 |
| Bagel Stop, Inc. | $96,816 |
| Four Calendar Cafe | $96,513 |
| Frank Moran and Sons, Inc. | $90,975 |
| The Oblate Sisters of Providence of the City of Baltimore, I | $87,900 |
| R Systems Inc., P C | $87,335 |
| Sparrow Painting, LLC | $82,833 |
| Turkey Creek Trading Company, Inc. | $81,602 |
| Companions | $77,620 |
| Harjot & Sandeep Enterprises, LLX | $77,467 |
| Residential Builders, LLC | $75,718 |
| Arthur E Vail PA, D.D.S. | $74,812 |
| Catons Hospitality, LLC | $72,935 |
| Avalon Consulting Services, LLC | $72,717 |
| WMD Trading, Inc. | $69,630 |
| Trucrete, Inc. | $68,200 |
| Vignobles L V D H USA, Inc. | $64,282 |
| Black Classic Press, Inc. | $57,667 |
| 12 by, Inc. | $56,313 |
| Charmcine, Inc. | $55,632 |
| Bright Horizons Behavioral Health | $55,587 |
| Three Brothers of Bowie, LLC | $53,266 |
| Watts Window Cleaning, Inc. | $51,400 |
| Aloedesk, LLC | $51,067 |
| House of Arnold, Inc. | $50,000 |
| Eleanors Lunch, Inc. | $48,400 |
| Sun Technical Services, Inc. | $47,300 |
| Griffin Sheet Metal Solutions, Inc. | $46,400 |
| First Choice Home Security, LLC | $45,875 |
| Baltimore Cyber Range., LLC | $44,567 |
| Plant Sensory Systems, LLC | $44,382 |
| Scintillation Technologies, Inc. | $44,000 |
| Ambush Pediatrics, LLC | $42,790 |
| Auto Factory Incorporated, the | $42,500 |
| Anwar Mumtaz, M.D. | $42,395 |
| Aurora Analytics, LLC | $41,700 |
| Zainab, Inc. | $41,163 |
| New Horizons Diagnostics Corporation | $40,762 |
| Cravin' Crabs, LLC | $38,651 |
| Hsgrill Lansdowne, Inc. | $38,177 |
| Hyung Joon Kim, P. C., D.D.S. | $37,000 |
| Dr. Paul Phillips E. III | $36,200 |
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