Maryland Total Paycheck Protection Program (PPP) Loan Amounts By Business County (2020)
According to data from the Small Businesss Administration (SBA), the SBA, as part of the paycheck protection program (PPP), has provided a total of 190,713 (190.71K) loans totaling $14,969,401,184 ($14.97B) to small businesses in Maryland. The total number of jobs saved by these loans was 1,617,678 (1.62M).
As at April 2025, 170.31K number of loans has been completely forgiven by SBA (89.30% of the total number of loans), and a total of $14.35B has been forgiven (95.87% of the total loan amount). The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.
See information below per county on the the total loan amount given to businesses, the total loan amount forgiven, and the total number of jobs saved by the PPP loan.
Total Loan Amount: In terms of total loan amounts given to businesses per county, Montgomery received the highest ($3,173,156,689), followed by Baltimore ($2,227,777,201), and Prince Georges ($1,960,134,687).
Number of Loans: For total number of loans given to businesses in each county, Montgomery received the highest (37,991), followed by Prince Georges (32,819), and Baltimore (28,065).
The chart and table below shows the total loan amount, and the number of loans given to businesses in Maryland counties.
| County | Number of Loans | Total Loan Amount ($) |
|---|---|---|
| Montgomery | 37991 | 3173156689 |
| Baltimore | 28065 | 2227777201 |
| Prince Georges | 32819 | 1960134687 |
| Anne Arundel | 17004 | 1520409878 |
| Baltimore City | 19298 | 1440072624 |
| Howard | 11781 | 1282374569 |
| Frederick | 6555 | 609350841 |
| Harford | 6172 | 456029846 |
| Carroll | 3990 | 325253166 |
| Washington | 3287 | 283575944 |
| Charles | 4256 | 236136479 |
| Wicomico | 2650 | 227792471 |
| Worcester | 2483 | 191883007 |
| Saint Marys | 1768 | 154016917 |
| Calvert | 1847 | 139651564 |
| Talbot | 1872 | 137027515 |
| Cecil | 1653 | 117138926 |
| Queen Annes | 1835 | 113649366 |
| Allegany | 1276 | 107601280 |
| Garrett | 1190 | 84792838 |
| Caroline | 811 | 63969695 |
| Dorchester | 1064 | 56342665 |
| Kent | 668 | 44108863 |
| Somerset | 372 | 16664938 |
| 6 | 489215 |
Total Loan Amount Forgiven: In terms of total loan amount forgiven per business county, Montgomery had the highest ($3,045,120,821), followed by Prince Georges ($1,834,128,639), and Baltimore ($2,148,901,713).
Number of Loans Completely Forgiven: For total number of loans that were completely forgiven per business county, Montgomery had the highest (34,554), followed by Prince Georges (27,747), and Baltimore (25,061).
The chart and table below shows the total loan amount forgiven, and the number of loans which were completely forgiven for Maryland counties.
| County | Number of Loans Completely Forgiven | Total Loan Amount Forgiven ($) |
|---|---|---|
| Montgomery | 34554 | 3045120821 |
| Baltimore | 25061 | 2148901713 |
| Prince Georges | 27747 | 1834128639 |
| Anne Arundel | 15418 | 1455749681 |
| Baltimore City | 16509 | 1366449059 |
| Howard | 10631 | 1221690765 |
| Frederick | 6088 | 601513395 |
| Harford | 5607 | 438382259 |
| Carroll | 3683 | 319526145 |
| Washington | 3011 | 280735442 |
| Charles | 3724 | 226947338 |
| Wicomico | 2448 | 225586573 |
| Worcester | 2348 | 188816325 |
| Saint Marys | 1587 | 130142164 |
| Calvert | 1703 | 137274340 |
| Talbot | 1808 | 133784196 |
| Cecil | 1495 | 115042225 |
| Queen Annes | 1742 | 110225287 |
| Allegany | 1231 | 107543744 |
| Garrett | 1163 | 84846868 |
| Caroline | 772 | 64122591 |
| Dorchester | 1001 | 54008397 |
| Kent | 635 | 43933409 |
| Somerset | 340 | 16029540 |
| 6 | 493744 |
Number of Jobs Saved By Loan: In terms of number of jobs saved by the PPP Loan per business county, Montgomery had the highest (317,026), followed by Baltimore (242,657), and Prince Georges (207,853).
The chart and table below shows the number of jobs saved by the PPP loan for Maryland counties.
| County | Number of Jobs Saved |
|---|---|
| Montgomery | 317026 |
| Baltimore | 242657 |
| Prince Georges | 207853 |
| Anne Arundel | 163636 |
| Baltimore City | 149868 |
| Howard | 124709 |
| Frederick | 68524 |
| Harford | 55512 |
| Carroll | 37978 |
| Washington | 33650 |
| Charles | 27538 |
| Wicomico | 29168 |
| Worcester | 30918 |
| Saint Marys | 18518 |
| Calvert | 16827 |
| Talbot | 17387 |
| Cecil | 14987 |
| Queen Annes | 14129 |
| Allegany | 14465 |
| Garrett | 10338 |
| Caroline | 6515 |
| Dorchester | 7043 |
| Kent | 5364 |
| Somerset | 2787 |
| 281 |
You can see similar information for other states and for the US by state.
