Waldorf, MD — PPP Loan Data

Waldorf, Maryland received 2,512 Paycheck Protection Program loans totaling $124.4M. The average loan in the city was $49,540 — below the national program average of approximately $67,000.

87.1% of loans in Waldorf — totaling $117.1M — 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 Waldorf were WALDORF FORD INC ($1,573,700), ADCOCKS SYSTEMS LLC ($1,517,000), and KODY IMPORTS II, LLC ($1,504,533).

The most active industry sector in Waldorf was Personal Care Services with 275 loans worth $4.6M, followed by Taxi and Limousine Service (93 loans).

Applicants in Waldorf reported retaining 14,723 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.

Waldorf 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.