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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Barrons Enterprises, Inc. | $1,778,470 |
| MPF Federal, LLC | $1,644,700 |
| United Business Machines, Inc. | $1,451,462 |
| Akvarr, Inc. | $1,409,577 |
| Gaithersburg Air Conditioning & Heating, Inc. | $1,405,894 |
| Banner Management, Inc. | $1,286,400 |
| Emily Street Enterprises, LLC | $1,155,800 |
| Gaithersburg Farmers Supply, Inc. | $1,147,827 |
| Cortek Incorporated | $1,031,920 |
| Ariadne Genomics, Inc. | $911,082 |
| Arata Expositions, Inc. | $900,300 |
| Total Environmental Concepts, Inc. | $879,100 |
| AAA Warman Home Care, LLC | $858,940 |
| King Buick GMC, LLC | $855,400 |
| Neximmune, Inc. | $843,619 |
| Chesapeake Petroleum & Supply Company, Inc. | $832,293 |
| Hotel Madison, LLC | $814,000 |
| Chinese Culture and Community Service Center, Inc. | $755,000 |
| Direct Management, Inc. | $722,334 |
| ML Management | $707,063 |
| Deleon and Stang, LLC | $697,496 |
| Bond Water Technologies, Inc. | $697,200 |
| NSR Solutions, Inc. | $684,800 |
| Maryland Drive Thru, LLC | $644,236 |
| Earn Contractors, Inc. | $621,985 |
| Parra Consulting Group, Inc. | $620,600 |
| Northstar Group, Inc. | $612,570 |
| Decisionpoint Corporation | $583,819 |
| Intellor Group, Inc. | $580,488 |
| Interstate Corporation | $562,600 |
| Client Software Services, LLC | $542,000 |
| The Korth Companies, Inc. | $534,144 |
| For My Children, Inc. | $530,800 |
| Global Satcom Technology, Inc. | $519,400 |
| Syzygy Event Productions | $492,370 |
| Kane Construction, Inc. | $488,493 |
| Kandk Electric and Construction, LLC | $487,500 |
| Mascari, Inc. | $482,136 |
| St. Martin of Tours Church and School | $481,000 |
| Chawla & Chawla, PC | $470,967 |
| Community Science, Inc. | $470,092 |
| Target Sheet Metal, Inc. | $448,600 |
| Home, Inc. | $436,879 |
| Covenant Life School, Inc. | $413,900 |
| Bethesda Soccer Club, Inc. | $413,105 |
| Centers for Behavioral Health, LLC | $389,285 |
| Human Circuit, Inc. | $381,554 |
| Woodlawn Mechanical Contractors, Inc. | $379,179 |
| Montgomery Kitchen & Bath, Inc. | $378,300 |
| Covenant Life Church, Inc. | $370,800 |
| CMS Processing, LLC | $357,095 |
| Mac Business Solutions, Inc. | $349,785 |
| Roffe Enterprises, Inc. | $348,500 |
| Graphic Visions | $343,852 |
| OSS, Inc. | $339,600 |
| Sefmo, Inc. | $329,200 |
| Makro Services, Inc. | $321,200 |
| Triad Construction Services, Inc. | $306,920 |
| Chesapeake Finishing, Inc. | $305,000 |
| Nu Info Systems, Inc. | $300,000 |
| Applemill, Inc. | $297,475 |
| Network Products, Inc. | $294,300 |
| Rod Miller, Inc. | $293,200 |
| Phenix Solutions, Inc. | $290,162 |
| Capital Carpets, Inc. | $289,300 |
| Gerstel Office Furniture, Inc. | $288,600 |
| Attronica Computers, Inc. | $287,918 |
| Sharp 563, Inc. | $279,530 |
| Brodsky, Renehan, Pearlstein & Bouquet, Chartered | $279,245 |
| Johnson Bernat Associates, Inc. | $273,697 |
| Extra Clean, Inc. | $267,600 |
| Edge Floral Event Designers, Inc. | $262,300 |
| About Web, LLC | $256,700 |
| Hubert Construction, LLC | $254,896 |
| Power Transport Systems, LLC | $252,138 |
| Free Flow, Inc. | $249,649 |
| Sonic Enterprises, LLC | $245,180 |
| The Freedom Center, LLC | $244,442 |
| Gohil & Associates, PC | $241,200 |
| Ria Industries, Inc. | $239,332 |
| Derick Associates, Inc. | $239,190 |
| Medispec, Ltd. | $236,848 |
| Argentys Informatics, LLC | $228,431 |
| Pulmonologists, P.C. | $210,800 |
| DNC Architects, Inc. | $203,827 |
| Sardi's Chicken II, Inc. | $203,190 |
| Identity, Inc. | $200,000 |
| DR Construction & Consulting, Inc. | $195,000 |
| Classic Custom Products, Inc. | $188,210 |
| Perfect Fit Window Fashions, Inc. | $187,745 |
| Roxanne Dryden-Edwards, P. A., M.D. | $185,000 |
| Whatsa Bagel, Inc. | $184,200 |
| Agent Insurance & Financial, Inc. | $184,150 |
| Piano Craft, LLC | $179,780 |
| Punch out Team, Inc. | $179,107 |
| Medallion Financial Strategies, Inc. | $174,965 |
| Don Pollo of Gaithersburg, Inc. | $172,557 |
| Evergreen Settlement Company, Inc. | $172,392 |
| Bauer & Scott, Cpas, LLP | $169,812 |
| DMR Associates, Inc. | $169,700 |
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