Annapolis, MD — PPP Loan Data

Annapolis, Maryland received 4,218 Paycheck Protection Program loans totaling $446.1M. The average loan in the city was $105,768 — above the national program average of approximately $67,000.

95.7% of loans in Annapolis — totaling $433.9M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Annapolis were SMARTLINK HOLDINGS LLC ($9,513,713), THE RC GROUP ($8,717,500), and CORPORATE BROKERS, LLC ($5,200,000).

The most active industry sector in Annapolis was Accommodation and Food Services with 259 loans worth $51.4M, followed by Management, Scientific, and Technical Consulting Services (242 loans).

Applicants in Annapolis reported retaining 45,528 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Annapolis is part of Maryland, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.