Business & Tech
See Which Catonsville Businesses Received PPP Loans
The Small Business Administration has released names of PPP loan recipients with amounts totaling more than $150,000.
CATONSVILLE, MD — Businesses affected by the coronavirus pandemic were able to apply for
federal relief through the U.S. Small Business Administration and U.S. Treasury's Paycheck Protection Program (PPP). In Catonsville, there were numerous businesses receiving amounts reaching in the millions.
The Small Business Administration has released loan-level data for loan recipients of $150,000 or above, including business names, addresses, ZIP codes, business type, demographic data, non-profit information, name of lender, jobs supported and loan amounts. The same data was also released for loan recipients totaling less than $150,000, except for business names and addresses.
Find out what's happening in Catonsvillefor free with the latest updates from Patch.
PPP loans were established as part of the federal government's CARES Act and are similar to grants. The loans have an interest rate of 1 percent and can be fully forgiven if used for payroll costs, interest on mortgages, rent and utilities.
Businesses with loan amounts between $150,000 and $10 million account for nearly 75 percent of approved loan dollars, according to the Small Business Administration. Here are the businesses in Catonsville that earned PPP loans totaling more than $1 million, based on data released by the Small Business Administration.
Find out what's happening in Catonsvillefor free with the latest updates from Patch.
Here are the businesses in that earned PPP loans over $1 million, based on data released by the Small Business Administration.
$350,000 to $1 million loan
- ABC EQUIPMENT RENTAL, INC.
- AMERICAN MEDICAL EQUIPMENT INC.
- ANTWERPEN MOTORCARS LTD
- ANTWERPEN-HK, INC.
- ARSIEM CORPORATION
- CHILDREN'S HOME INC, THE
- CROWN TITLE CORPORATION
- DRS GINSBERG SIMON SHROFF
- DRS MILLER & MADDEN PA
- GW SUPERMARKET OF BALTIMORE INC
- HEAVEN LEE BOYZ TRUCKING LLC
- INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES
- INVESTIGATIVE CONSULTING SERVICES INC
- IRON AGE BALTIMORE LLC
- J W TREUTH & SONS INC
- JARBIZ, INC.
- JEFFREY C. MILLER DDS, PA
- KOROS INC
- LEIKIN AND BAYLIN DENTAL CARE
- MADISON MECHANICAL CONTRACTING LLC
- MAXIMUM PROTECTIVE SERVICES LLC
- MOUNT DE SALES HIGH SCHOOL, INC.
- NASSERI CLINIC OF ARTHRITIC AND RHEUMATIC DISEASE, LLC
- PRECISION HEALTHCARE RESOURCES INC
- RIDGEWAY MANOR, INC.
- RSC2, INC.
- SRBR ENGINEERS INC
- ST. MARKS CATHOLIC CHURCH
- ST. JOSEPH'S NURSING HOME SISTERS SERVANTS OF MARY IMMACULATE
- VETERAN DESIGN & CONSTRUCTION, INC.
- ZAVDA TECHNOLOGIES, LLC
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