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 21229
| Name of Borrower | Current Approved Amount |
|---|---|
| Maryland Treatment Centers, Inc. | $4,089,700 |
| Hammers Utilitys Corporation | $1,943,869 |
| Mount St. Josephs College Incorporated | $1,609,555 |
| Cole Roofing Company, Inc. | $1,308,000 |
| Baltimore Crisis Response, Inc. | $1,165,922 |
| Ironshore Contracting, LLC | $825,441 |
| Chesapeake Treatment Center, Inc. | $565,200 |
| Giardina & Glubo PA, D.P.M. | $505,884 |
| Master Care Flooring, Inc. | $469,391 |
| Carey Sales & Service, Inc. | $467,235 |
| Winkler's, Inc. | $385,903 |
| Vaughn C. Greene Funeral Services, P. A. | $370,369 |
| Swinton Home Care, LLC | $363,430 |
| Autumn Lube, Inc. | $358,600 |
| Friends Medical Laboratory, Inc. | $308,918 |
| Hands on Painters, Inc. | $295,995 |
| Our Lady of Victory School, Inc. | $269,000 |
| Gordian Energy Systems, LLC | $263,425 |
| St. Agnes Roman Catholic Elementary School | $258,995 |
| William N Mason, Inc. | $234,416 |
| Tori Madison Collection, LLC | $228,016 |
| Xaverian Brothers USA, Inc. | $224,200 |
| Loudon Park Memorial Association, Inc. | $219,357 |
| Contract Hardware, Inc. | $195,682 |
| Louis J Rheb Candy Company | $186,315 |
| Green Street Academy, Inc. | $181,578 |
| Compassionate Care Nursing Services, Inc. | $156,293 |
| Arbutus Auto Painting & Bodyworks, Inc. | $144,532 |
| Charles R, Inc. | $142,300 |
| Hayford Builders | $135,843 |
| Weiskopf Building Contractors, Inc. | $131,000 |
| Nail Envy & Spa, Ltd. | $129,513 |
| The Samaritan Women, Inc. | $124,002 |
| Adrian a Sanchez, PA, D.D.S. | $120,390 |
| Alan S. Salny Federal Q-Tip Trust | $117,621 |
| Voshell's Pharmacy | $113,785 |
| Charing Cross Car Care Center, Inc. | $112,261 |
| Maryland Spine & Brain Specialists, LLC | $111,702 |
| A C E Automotive, Inc. | $111,644 |
| The Oak Door Salon and Spa | $104,417 |
| Chesapeake Protective Services, Inc. | $103,822 |
| St. Agnes Roman Catholic Congregation, Inc. | $102,340 |
| Baltimore Healthcare, PC | $98,792 |
| Transformation Ministries of the United Church of Jesus Chri | $93,662 |
| Sambandam Baskaran PA, M.D. | $88,730 |
| Baltimore Janitorial | $86,593 |
| D Pierson Trucking | $84,000 |
| Kingdom Life Church | $83,900 |
| New Cathedral Cemetery | $82,900 |
| Wifey Dinners, LLC | $82,173 |
| New Day Health Systems, Inc. | $79,167 |
| Our Lady of Victory Roman Catholic Congregation, Inc. | $75,155 |
| Quick Response Towing, Inc. | $71,400 |
| Kdons Vanity Decor | $70,358 |
| On My Way Trucking, LLC | $70,000 |
| Groundshog Property Management, Inc. | $68,500 |
| Levin Chiropractic PA | $66,100 |
| Created for Greater Psychaitric Rehabilitation Program, LLC | $65,948 |
| Christlife | $64,326 |
| Hhan Mart, Inc. | $64,135 |
| Big Boy's Rigging Service, LLC | $63,200 |
| St. Bartholomews Episcopal Church | $62,500 |
| Global Business Link, Inc. | $60,200 |
| Salontra Select Suites, LLC | $57,800 |
| Loudon Park Funeral Home, Inc. | $56,400 |
| Shared Support Maryland, Inc. | $55,107 |
| St. Agnes Subway, LLC | $54,925 |
| Omoteniola Awofolu, D.D.S. | $54,897 |
| Edmondson Kimmys Restaurant & Carryout | $54,687 |
| Aristakats Empowering Partners | $53,837 |
| St. Bernardine's Church | $52,000 |
| Laundry City West, LLC | $51,400 |
| Shiloh Christian Community Church | $50,533 |
| Bright Smiles, P. A. | $48,946 |
| Murrays Plumbing and Heating, Inc. | $47,983 |
| Kendale, LLC | $47,365 |
| New Tsang Enterprises, Inc. | $47,159 |
| Saint Joseph's Passionist Monastery Parish | $46,100 |
| Church of Christ Incorporated | $45,330 |
| Himex International, Inc. | $44,700 |
| Tansinda Medical Associates | $44,649 |
| Beechfield United Methodist Church | $43,621 |
| Carolyn Pass, P. A., M.D. | $42,255 |
| The Collins House, LLC | $41,667 |
| DD&K Mechanical | $41,185 |
| Brian W Robertson PA, D.D.S. | $40,156 |
| Beauty Line Catonsville, Inc. | $39,700 |
| Benneitti, Inc. | $39,600 |
| Three Eagles Renovations, Inc. | $37,867 |
| Doctor Wash, LLC | $37,734 |
| Arbutus Automotive Incorporated | $37,482 |
| Norman E Sturm JR CPA | $36,700 |
| Kinjal Corporation | $33,000 |
| 43 Crossroad Corporation | $32,800 |
| Issaiah House Incorporated | $32,790 |
| Elite Healthcare Nursing Services, Inc. | $32,486 |
| Precious Ones Learning and Outreach | $32,017 |
| Jeffrey G Middleton, M.D. | $31,903 |
| Punrica Corporation | $29,242 |
| J L Care Enterprise | $28,961 |
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