Business & Tech

See Which Crofton Businesses Received PPP Loans

The Small Business Administration has released names of PPP loan recipients with amounts totaling more than $150,000.

CROFTON, 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 Crofton, 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 Croftonfor 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 Crofton that earned PPP loans totaling more than $1 million, based on data released by the Small Business Administration.

Find out what's happening in Croftonfor 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.

$2 million to $5 million

  • CROFTON CONVALESCENT CENTER
  • DELMARVA SITE DEVELOPMENT, INC.
  • PCASI HOLDINGS LLC

$1 million to $2 million

  • ANGEL MANAGEMENT INC
  • CARUSO HOMES, INC.
  • FAIN-PADGETT INSULATION INC
  • HABCO ELECTRICAL GROUP INC
  • PATUXENT MATERIALS INC
  • SPECIFIED ELECTRICAL SYSTEMS, LLC
  • VIA INC

$350,000 to $1 million

  • ABS VERTICON INC
  • BRADLEIGH APPLICATIONS INC
  • CITY GENERAL INC.
  • CROFTON PRINCESS LLC
  • CYNERGY ELECTRIC COMPANY INC
  • EASTERN FIRE PROTECTION SERVICES INC.
  • G.L. HOLLINGSWORTH, LLC
  • GROVE HEATING AND COOLING INC
  • HARBOR ROOFING AND CONTRACTING, INC.
  • HAWK INSTITUTE FOR SPACE SCIENCES, LLC
  • HERITAGE MECHANICAL LLC
  • INTERACTIVE TOUCHSCREEN SOLUTIONS, INC.
  • JAY VENDING CO
  • JSD CLEANING SERVICES, INC.
  • LORENZO CONSTRUCTION COMPANY LLC
  • MARYLAND ELEVATOR SERVICES, INC
  • MY MORTGAGE INC
  • PEAKE TECHNOLOGY PARTNERS, LLC
  • PEDIATRIC GROUP, LLC
  • PETROLEUM RECOVERY & REMEDIATION MANAGEMENT, INC.
  • RUNEMASTER, LLC
  • T & B ELECTRIC CO INC
  • TANG ELECTRIC, INC.
  • TUCKER CONSTRUCTION GROUP INC
  • UNITED ENERGY PRODUCTS, INC.
  • VIGIL CONTRACTING INC
  • WELLS & ASSOCIATES, INC

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