Germantown, MD — PPP Loan Data

Germantown, Maryland received 2,258 Paycheck Protection Program loans totaling $113.2M. The average loan in the city was $50,126 — above the national program average of approximately $67,000.

90.4% of loans in Germantown — totaling $97.8M — 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 Germantown were SENSEONICS INCORPORATED ($5,763,283), PLANET TECHNOLOGIES INC ($4,831,300), and PINNACLE COMMUNICATION CORP. ($1,695,661).

The most active industry sector in Germantown was Taxi and Limousine Service with 196 loans worth $1.9M, followed by Personal Care Services (128 loans).

Applicants in Germantown reported retaining 12,991 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.

Germantown 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.