There were 50 PPP loans issued in Maryland during the week ending July 5. 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 |
|---|---|---|
| Advanced Technologies and Laboratories International, Inc. | 2020-06-29 | $1-2 million |
| CSTSG WST, LLC | 2020-06-29 | $1-2 million |
| Commercial Energy Systems, Inc. | 2020-06-29 | $350,000-1 million |
| CSTSG Florida, LLC | 2020-06-29 | $350,000-1 million |
| L&e Bustamante Concrete Company, Inc. | 2020-06-29 | $350,000-1 million |
| St. Joseph's Nursing Home Sisters Servants of Mary Immaculate | 2020-06-29 | $350,000-1 million |
| Tyjuan Amor, Inc. | 2020-06-29 | $350,000-1 million |
| Atlantic Coast Aluminum, LLC | 2020-06-29 | $150,000-350,000 |
| C & K Deli, Inc. | 2020-06-29 | $150,000-350,000 |
| Cafe Nola | 2020-06-29 | $150,000-350,000 |
| Community Therapeutic Center, Inc. | 2020-06-29 | $150,000-350,000 |
| Doc's Downtown Grille, LLC | 2020-06-29 | $150,000-350,000 |
| Jericho Baptist Church | 2020-06-29 | $150,000-350,000 |
| LMT Productions, Inc. | 2020-06-29 | $150,000-350,000 |
| Mending Threads Mending Hearts, LLC | 2020-06-29 | $150,000-350,000 |
| Nautilus Restaurant Diner, Inc. | 2020-06-29 | $150,000-350,000 |
| Prime Homebuyers, LLC, Ltd. | 2020-06-29 | $150,000-350,000 |
| Rd Staffco | 2020-06-29 | $150,000-350,000 |
| Scoppa GMBH USA, Inc. | 2020-06-29 | $150,000-350,000 |
| The Chef Gods, LLC | 2020-06-29 | $150,000-350,000 |
| Westbrook Family Trust, LLC | 2020-06-29 | $150,000-350,000 |
| Carey International, Inc. | 2020-06-30 | $5-10 million |
| Hrgi Holdings, Inc. | 2020-06-30 | $1-2 million |
| JJB D. C. , Inc. | 2020-06-30 | $1-2 million |
| Arieh Enterprise, Inc. | 2020-06-30 | $350,000-1 million |
| Dos Friends, Inc. | 2020-06-30 | $350,000-1 million |
| Karpathoes, Inc. | 2020-06-30 | $350,000-1 million |
| MSGN Moving Corporation | 2020-06-30 | $350,000-1 million |
| National Motors, Inc. | 2020-06-30 | $350,000-1 million |
| Rock Creek Line Construction, Inc. | 2020-06-30 | $350,000-1 million |
| The Cruise Web, Inc. | 2020-06-30 | $350,000-1 million |
| Agate, Inc. | 2020-06-30 | $150,000-350,000 |
| Altus, LLC | 2020-06-30 | $150,000-350,000 |
| Auction Price Autos, LLC | 2020-06-30 | $150,000-350,000 |
| Ball Foundation, LLC | 2020-06-30 | $150,000-350,000 |
| Boatu. S. | 2020-06-30 | $150,000-350,000 |
| Bossbadies | 2020-06-30 | $150,000-350,000 |
| Coblah Green | 2020-06-30 | $150,000-350,000 |
| Cre8ive Beginnings of Parkville, Inc. | 2020-06-30 | $150,000-350,000 |
| Dalcom, LLC | 2020-06-30 | $150,000-350,000 |
| Feed the People, LLC | 2020-06-30 | $150,000-350,000 |
| Greytide, LLC | 2020-06-30 | $150,000-350,000 |
| GSHC, LLC | 2020-06-30 | $150,000-350,000 |
| Hemkunt Corporation | 2020-06-30 | $150,000-350,000 |
| Jumoke, Inc. | 2020-06-30 | $150,000-350,000 |
| Multi Logistic, LLC | 2020-06-30 | $150,000-350,000 |
| Prominent Solutions, Inc. | 2020-06-30 | $150,000-350,000 |
| Prosoft Associates | 2020-06-30 | $150,000-350,000 |
| Towson Center for Dental Implants and Periodontics, Inc. | 2020-06-30 | $150,000-350,000 |
| Weber's Cider Mill Farm, Inc. | 2020-06-30 | $150,000-350,000 |
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