There were 84 PPP loans issued in Maryland during the week ending June 21. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Elizabeth Seton High School, Inc. | 2020-06-15 | $1-2 million |
| Marbeth Acquisition, LLC | 2020-06-15 | $1-2 million |
| MRG Technologies, LLC | 2020-06-15 | $350,000-1 million |
| 4friendzz Automotive Group, LLC | 2020-06-15 | $150,000-350,000 |
| Amazing Grace Residential Services Agency, Inc. | 2020-06-15 | $150,000-350,000 |
| Bacco, LLC | 2020-06-15 | $150,000-350,000 |
| Bagel 33, LLC | 2020-06-15 | $150,000-350,000 |
| D Taylor Investment Group, LLC | 2020-06-15 | $150,000-350,000 |
| Dough 117, LLC | 2020-06-15 | $150,000-350,000 |
| Dough 33, LLC | 2020-06-15 | $150,000-350,000 |
| Gary R. IMM, PA, D.D.S. | 2020-06-15 | $150,000-350,000 |
| Patisserie Poupon Bakery, LLC | 2020-06-15 | $150,000-350,000 |
| Quik-N-Eazy Tag & Title, LLC | 2020-06-15 | $150,000-350,000 |
| Rebounders Gymnastics, Inc. | 2020-06-15 | $150,000-350,000 |
| The Children's Centre, Inc. | 2020-06-15 | $150,000-350,000 |
| USA Import & Export, LLC | 2020-06-15 | $150,000-350,000 |
| Weighed Anchor, LLC | 2020-06-15 | $150,000-350,000 |
| Cohn, Goldberg & Deutsch, LLC | 2020-06-16 | $350,000-1 million |
| Franco's Liberty Bridge, Inc. | 2020-06-16 | $350,000-1 million |
| JL Hospitality, LLC | 2020-06-16 | $350,000-1 million |
| Tevis Propane, LLC | 2020-06-16 | $350,000-1 million |
| Ashland Foods, Inc. | 2020-06-16 | $150,000-350,000 |
| Hdjohnson, Inc. | 2020-06-16 | $150,000-350,000 |
| Jenesaisquoi | 2020-06-16 | $150,000-350,000 |
| RJW Trucking, LLC | 2020-06-16 | $150,000-350,000 |
| Waterman Engineering & Consulting, LLC | 2020-06-16 | $150,000-350,000 |
| Baltimore Hotel XLV Owner, LLC | 2020-06-17 | $1-2 million |
| The Primary Care Coalition of Montgomery County, Maryland, Inc. | 2020-06-17 | $1-2 million |
| Bravium Consulting, Inc. | 2020-06-17 | $350,000-1 million |
| Buttons & Bows, Inc. | 2020-06-17 | $350,000-1 million |
| CRC Restaurants, Inc. | 2020-06-17 | $350,000-1 million |
| MTI Systems | 2020-06-17 | $350,000-1 million |
| Spirit of Faith Christian Center | 2020-06-17 | $350,000-1 million |
| Stuart Jones, LLC | 2020-06-17 | $350,000-1 million |
| Black Pearl, LLC | 2020-06-17 | $150,000-350,000 |
| Center for Progressive Learning, Inc. | 2020-06-17 | $150,000-350,000 |
| Dominion Residence of Maryland, Inc. | 2020-06-17 | $150,000-350,000 |
| Eagleeye Floors, LLC | 2020-06-17 | $150,000-350,000 |
| MVM Services, LLC | 2020-06-17 | $150,000-350,000 |
| MVP1 Logistics, LLC | 2020-06-17 | $150,000-350,000 |
| My Way Leases, Inc. | 2020-06-17 | $150,000-350,000 |
| Safety First Firearms and Defense, LLC | 2020-06-17 | $150,000-350,000 |
| TCA Architects | 2020-06-17 | $150,000-350,000 |
| The Light House, Inc. | 2020-06-17 | $150,000-350,000 |
| Twism Financial | 2020-06-17 | $150,000-350,000 |
| Yankee Enterprises, Inc. | 2020-06-17 | $150,000-350,000 |
| Atmosphere, Inc. | 2020-06-18 | $350,000-1 million |
| Dynamite Gymnastics Center, LLC | 2020-06-18 | $350,000-1 million |
| HQNC Realty, Inc. | 2020-06-18 | $350,000-1 million |
| Professional Bartenders & Servers, Inc. | 2020-06-18 | $350,000-1 million |
| Focus Movers, LLC | 2020-06-18 | $150,000-350,000 |
| Newton, LLC | 2020-06-18 | $150,000-350,000 |
| Notary 4 Rotary Corporation | 2020-06-18 | $150,000-350,000 |
| Ruiz Contracting Development, LLC | 2020-06-18 | $150,000-350,000 |
| Sunnybrook Tavern | 2020-06-18 | $150,000-350,000 |
| Woo Wang LLC, D.D.S. | 2020-06-18 | $150,000-350,000 |
| Aig Accounting and Tax Service, Inc. | 2020-06-19 | $350,000-1 million |
| John Jeddry | 2020-06-19 | $350,000-1 million |
| Paul Arnold Nelson | 2020-06-19 | $350,000-1 million |
| Technical Specialties, Inc. | 2020-06-19 | $350,000-1 million |
| Tevis Energy, Inc. | 2020-06-19 | $350,000-1 million |
| Anthony Corea | 2020-06-19 | $150,000-350,000 |
| Eco Steam Auto Salon, LLC | 2020-06-19 | $150,000-350,000 |
| Fitfoodprep, LLC | 2020-06-19 | $150,000-350,000 |
| Goshen House Trading, LLC | 2020-06-19 | $150,000-350,000 |
| Government Employees' Benefit Association, Inc. | 2020-06-19 | $150,000-350,000 |
| Hemkunt Corporation | 2020-06-19 | $150,000-350,000 |
| Optical Scientific, Inc. | 2020-06-19 | $150,000-350,000 |
| Paul's Place, Inc. | 2020-06-19 | $150,000-350,000 |
| Peace of Mind Services, Inc. | 2020-06-19 | $150,000-350,000 |
| St. Mary's Motorcars, Inc. | 2020-06-19 | $150,000-350,000 |
| Tasty Kitchen, LLC | 2020-06-19 | $150,000-350,000 |
| Taylor Made Bizzness, LLC | 2020-06-19 | $150,000-350,000 |
| Unisource Services, LLC | 2020-06-19 | $150,000-350,000 |
| Mainline Consulting Group, LLC | 2020-06-20 | $350,000-1 million |
| Syndicus 360, Inc. | 2020-06-20 | $350,000-1 million |
| Syndicus Incorporated | 2020-06-20 | $350,000-1 million |
| Eads and 57th, LLC | 2020-06-20 | $150,000-350,000 |
| Nacon Consulting, LLC | 2020-06-20 | $150,000-350,000 |
| Panorama Loic Feillet Artisan Baker, LLC | 2020-06-20 | $150,000-350,000 |
| Riverside Insurance and Financial Services, Inc. | 2020-06-20 | $150,000-350,000 |
| America Protective Security, LLC | 2020-06-21 | $150,000-350,000 |
| Harford Restaurant Corporation | 2020-06-21 | $150,000-350,000 |
| Miller Group Construction, LLC | 2020-06-21 | $150,000-350,000 |
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