PPP loans in Somerset County, Maryland
Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 372 Paycheck Protection Program loans for businesses it recorded in Somerset County, $16.7 million in all.
Somerset County, as of September 30, 2024
- $16.7 million
- Approved
- $16,664,935
- 0.1% of the $15.0 billion approved in Maryland.
- 372
- Loans
- 295 first draws and 77 second draws.
- 93.3%
- Forgiven
- 347 of 372 loans carry a forgiveness amount, $16.0 million in all.
- 4.6%
- Charged off
- 17 of 372 loans, approved for $410.9 thousand. That is the loans' size, not what SBA lost.
The largest borrowers in Somerset County · 2020–21
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How the list is drawn
- 100 of the 349 borrowers ranked in Somerset County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100. The last rank here is shared by 2 borrowers.
- A borrower is ranked here when SBA recorded its first loan in Somerset County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.
Related
Sources
- SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Data retrieved