BURKE AND HERBERT BANK AND TRUST
PPP Lender · 2,810 loans · $236.7M total · 17 states served
BURKE AND HERBERT BANK AND TRUST was one of the thousands of SBA-approved lenders that participated in the Paycheck Protection Program. During the program period (April 2020 – May 2021), the lender originated 2,810 PPP loans totaling $236.7M, representing approximately 0.02% of all loans nationwide.
BURKE AND HERBERT BANK AND TRUST served borrowers across 17 states. The largest concentration of activity was in Maryland, where the lender originated 1,170 loans totaling $70.0M. Other states with significant activity included West Virginia, Virginia, Delaware.
The average loan size for this lender was $84,219. This figure reflects the mix of borrower types — large companies, small businesses, sole proprietors, and non-profits — that applied through this institution. Lenders were responsible for collecting and verifying borrower certifications and submitting loan applications to the SBA's E-Tran system.
Among the largest named borrowers that received loans through BURKE AND HERBERT BANK AND TRUST were: J.H. FLETCHER & COMPANY (WV) — $4,434,700; CHOPTANK COMMUNITY HEALTH SYSTEM, INC. (MD) — $3,196,305; GRANT MEMORIAL HOSPITAL (WV) — $3,062,500; and SMITH-MIDLAND CORPORATION (VA) — $2,691,700.
PPP lenders were compensated through processing fees paid by the SBA rather than by borrowers. Fees ranged from 1% to 5% of the loan amount depending on loan size. Lenders were not required to take credit risk — the SBA provided a 100% guaranty on each loan. This structure incentivized broad participation but also contributed to documented cases of lender fraud and over-processing of applications.
Borrower names for loans under $150,000 are withheld under FOIA Exemption 6. As a result, the named recipients shown below represent only a fraction of this lender's total portfolio. The full loan count and amount figures include all loans in the SBA's data regardless of disclosure status.
Activity by State
| State | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Maryland | 1,170 | $70.0M | 99.8% |
| West Virginia | 772 | $81.0M | 99.1% |
| Virginia | 388 | $57.6M | 99.0% |
| Delaware | 356 | $19.1M | 100.0% |
| Kentucky | 64 | $3.6M | 100.0% |
| Pennsylvania | 17 | $1.0M | 100.0% |
| District of Columbia | 10 | $1.4M | 100.0% |
| North Carolina | 9 | $1.5M | 100.0% |
| New Jersey | 6 | $86,274 | 100.0% |
| Florida | 5 | $93,853 | 100.0% |
| Ohio | 3 | $249,300 | 100.0% |
| New York | 2 | $461,893 | 100.0% |
| Nevada | 2 | $541,400 | 100.0% |
| Michigan | 2 | $33,000 | 100.0% |
| Georgia | 2 | $42,467 | 100.0% |
| Texas | 1 | $10,463 | 100.0% |
| South Carolina | 1 | $20,833 | 100.0% |