There were 95 PPP loans issued in Maryland during the week ending May 24. 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 |
|---|---|---|
| Braxton-Grant Technologies | 2020-05-18 | $350,000-1 million |
| Eccalon, LLC | 2020-05-18 | $350,000-1 million |
| Rosa Mexicano National Harbor, LLC | 2020-05-18 | $350,000-1 million |
| Aboard Cabinets Millwork, Inc. | 2020-05-18 | $150,000-350,000 |
| Amatus Recovery Center, LLC | 2020-05-18 | $150,000-350,000 |
| Aries, Inc. | 2020-05-18 | $150,000-350,000 |
| Awakenings Recovery Center | 2020-05-18 | $150,000-350,000 |
| C & R Construction, LLC | 2020-05-18 | $150,000-350,000 |
| East Coast Laboratories, LLC | 2020-05-18 | $150,000-350,000 |
| Fantasy Nails, Inc. | 2020-05-18 | $150,000-350,000 |
| Foundations Recovery Center, LLC | 2020-05-18 | $150,000-350,000 |
| Fresh Start Recovery Center | 2020-05-18 | $150,000-350,000 |
| I'm Still Standing by Grace, Inc. | 2020-05-18 | $150,000-350,000 |
| Mountain Gate Family Restaurant, Inc. | 2020-05-18 | $150,000-350,000 |
| Neodiagnostix, Inc. | 2020-05-18 | $150,000-350,000 |
| Sepol Construction Corporation | 2020-05-18 | $150,000-350,000 |
| Shadows Private Social Club, Inc. | 2020-05-18 | $150,000-350,000 |
| Teltrium Solution, LLC | 2020-05-18 | $150,000-350,000 |
| Vision Investments Group, LLC | 2020-05-18 | $150,000-350,000 |
| Watkins Security Agency, Inc. | 2020-05-19 | $1-2 million |
| Atlas Recruitment Group, LLC | 2020-05-19 | $350,000-1 million |
| Crab House of Ocean City. , Inc. | 2020-05-19 | $350,000-1 million |
| Destiny's Group Home, Inc. | 2020-05-19 | $350,000-1 million |
| Robert W Sheckles, Inc. | 2020-05-19 | $350,000-1 million |
| Allen-Built, Inc. | 2020-05-19 | $150,000-350,000 |
| Anytime Towing and Transport, LLC | 2020-05-19 | $150,000-350,000 |
| Bella at Foundry, LLC | 2020-05-19 | $150,000-350,000 |
| Compassionate Home Health Residential Services, Inc. | 2020-05-19 | $150,000-350,000 |
| Image IS. . . Salon | 2020-05-19 | $150,000-350,000 |
| Integrity Business Solutions, Inc. | 2020-05-19 | $150,000-350,000 |
| Melroy Plumbing & Heating, Inc. | 2020-05-19 | $150,000-350,000 |
| Monster Investments, Inc. | 2020-05-19 | $150,000-350,000 |
| Professional Applicators, Inc. | 2020-05-19 | $150,000-350,000 |
| Snyder Electric, Inc. | 2020-05-19 | $150,000-350,000 |
| Sun N Surf, Inc. | 2020-05-19 | $150,000-350,000 |
| Utopia Health Center | 2020-05-19 | $150,000-350,000 |
| Vested Optimum Community Services | 2020-05-19 | $150,000-350,000 |
| Victory Christian Ministries International, Inc. | 2020-05-19 | $150,000-350,000 |
| Fidelity Resources, Inc. | 2020-05-20 | $1-2 million |
| A Plus Cleaning Services, LLC | 2020-05-20 | $350,000-1 million |
| Bota Consulting Engineers, Inc. | 2020-05-20 | $350,000-1 million |
| BSC Group, LLC | 2020-05-20 | $350,000-1 million |
| Century Elevator, Inc. | 2020-05-20 | $350,000-1 million |
| Pallotti High School | 2020-05-20 | $350,000-1 million |
| Ronco Fabricators, LLC | 2020-05-20 | $350,000-1 million |
| Silver Spring Restaurant Group, LLC | 2020-05-20 | $350,000-1 million |
| Absolute Care LC | 2020-05-20 | $150,000-350,000 |
| Belleza Hair & Nail Studio, Inc. | 2020-05-20 | $150,000-350,000 |
| Bob's Automotive, Inc. | 2020-05-20 | $150,000-350,000 |
| Boost Labs, LLC | 2020-05-20 | $150,000-350,000 |
| Circle Electric, Inc. | 2020-05-20 | $150,000-350,000 |
| Concepts Beyond, LLC | 2020-05-20 | $150,000-350,000 |
| Filtronic Wireless, Inc. | 2020-05-20 | $150,000-350,000 |
| Foster's Steel Erectors, LLC | 2020-05-20 | $150,000-350,000 |
| Grace and Mercy Health Services, Inc. | 2020-05-20 | $150,000-350,000 |
| John L Juenemann Painting and Decorating | 2020-05-20 | $150,000-350,000 |
| Steak 33, LLC | 2020-05-20 | $150,000-350,000 |
| The Church of the Brethren of Frederick, Maryland | 2020-05-20 | $150,000-350,000 |
| Lecco Pipe Line Company, LLC | 2020-05-21 | $5-10 million |
| Lundeberg Maryland Seamanship School, Inc. | 2020-05-21 | $2-5 million |
| Adell Plastics, Inc. | 2020-05-21 | $350,000-1 million |
| Diamond Solutions Group, Inc. | 2020-05-21 | $350,000-1 million |
| Envy Auto Care, LLC | 2020-05-21 | $350,000-1 million |
| Grant Leading Technology, LLC | 2020-05-21 | $350,000-1 million |
| Heaven Lee Boyz Trucking, LLC | 2020-05-21 | $350,000-1 million |
| Takoma Park Silver Spring Cooperative, Inc. | 2020-05-21 | $350,000-1 million |
| Woody's Crab House | 2020-05-21 | $350,000-1 million |
| Compassionate Care Nursing Services, Inc. | 2020-05-21 | $150,000-350,000 |
| D&a-Rfs MS8, LLC | 2020-05-21 | $150,000-350,000 |
| Fantasy Nails & Spa, Inc. | 2020-05-21 | $150,000-350,000 |
| Janito Apartment Renovation, LLC | 2020-05-21 | $150,000-350,000 |
| Korean Korner, Inc. | 2020-05-21 | $150,000-350,000 |
| Maryland Industrial Group, LLC | 2020-05-21 | $150,000-350,000 |
| PBLS Enterprises T/a LS Fuel, Inc. | 2020-05-21 | $150,000-350,000 |
| Popular Greetings, Inc. | 2020-05-21 | $150,000-350,000 |
| S. J. Rafferty Company, Inc. | 2020-05-21 | $150,000-350,000 |
| Community Services for Autistic Adults and Children, Inc. | 2020-05-22 | $2-5 million |
| Washington Adventist University | 2020-05-22 | $2-5 million |
| Burrell Motor Coach, Inc. | 2020-05-22 | $350,000-1 million |
| CCR Service, LLC | 2020-05-22 | $350,000-1 million |
| CRW and Associates, LLC | 2020-05-22 | $350,000-1 million |
| PD & E, LLC | 2020-05-22 | $350,000-1 million |
| Aspen Hill Smiles, PA | 2020-05-22 | $150,000-350,000 |
| Chamberlin-Washington, Inc. | 2020-05-22 | $150,000-350,000 |
| Columbia Finishers, Inc. | 2020-05-22 | $150,000-350,000 |
| Ikor Company, Inc. | 2020-05-22 | $150,000-350,000 |
| Logos, Inc. | 2020-05-22 | $150,000-350,000 |
| Moss, Inc. | 2020-05-22 | $150,000-350,000 |
| Naval Academy Golf Association | 2020-05-22 | $150,000-350,000 |
| Takoma Park Child Development Center, Inc. | 2020-05-22 | $150,000-350,000 |
| Variyas Global Solutions, Inc. | 2020-05-22 | $150,000-350,000 |
| Homefree USA, Inc. | 2020-05-23 | $150,000-350,000 |
| Metropolitan Baptist Church | 2020-05-23 | $150,000-350,000 |
| National Medical Association | 2020-05-23 | $150,000-350,000 |
| Middle River Baptist Church, Inc. | 2020-05-24 | $150,000-350,000 |
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