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PPP loans in Worcester County, Maryland

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,483 Paycheck Protection Program loans for businesses it recorded in Worcester County, $191.9 million in all.

Worcester County, as of September 30, 2024

$191.9 million
Approved
$191,882,956
1.3% of the $15.0 billion approved in Maryland.
2,483
Loans
1,784 first draws and 699 second draws.
96.6%
Forgiven
2,399 of 2,483 loans carry a forgiveness amount, $188.8 million in all.
2.3%
Charged off
57 of 2,483 loans, approved for $2.4 million. That is the loans' size, not what SBA lost.

The largest borrowers in Worcester County · 2020–21

1 more column on a wider screen

The largest borrowers in Worcester County, 2020–21
RankNameUSD
1O.C.Seacrets Inc, Ocean City$2.0 million
2O.C. Seacrets, Inc, Ocean City$1.8 million
3Lpb-Oc Hotel Limited Partnership, Ocean City$1.8 million
4Real Hospitality Group, Ocean City$1.7 million
5Harrison Inn Sixty Six Inc, Ocean City$1.5 million
6Kelly Foods Corporation, Berlin$1.4 million
794th Street Beer & Wine Inc., Ocean City$1.4 million
8Ropewalk Oc LLC, Ocean City$1.4 million
9Fagers Island Ltd, Ocean City$1.4 million
10Nutters Crossing Golf Course Inc, Berlin$1.3 million
11L.P.B.-O.C. Hotel Limited Partnership, Ocean City$1.3 million
12Karl LLC, Berlin$1.3 million
13Real Hospitality Group LLC, Ocean City$1.2 million
14Ocean Pines Assocation, Berlin$1.1 million
15Bahia Management LLC, Ocean City$1.1 million
16Njg Food Service Inc, Ocean City$1.1 million
17Sunset Grille LLC, Ocean City$1.1 million
1891st St. Joint Venture LLC, Ocean City$1.1 million
19Royal Plus Inc., Snow Hill$1.0 million
20Royal Plus, Inc., Snow Hill$1.0 million
21Worcester Preparatory School Inc., Berlin$1.0 million
22Worcester Preparatory School, Inc., Berlin$1.0 million
23Fagers Island Ltd, Ocean City$998,900
2494th Street Beer & Wine, Inc., Ocean City$994,500
25Candy Kitchen Shoppes Inc, Ocean City$990,970
26Oc Freddies LLC, Ocean City$940,425
27Blue Water Development Corporation, Ocean City$928,547
28Hale And John Harrison Ptr, Ocean City$901,527
29Genesar Inc, Ocean City$898,940
30Franchise Management Services Inc, Ocean City$857,200
31The Heise Corporation, Ocean City$851,685
32Castle In The Sand Inc, Ocean City$846,328
33Bay Shore Development Corp, Ocean City$837,697
34Harrison Inn Stardust Preferred LLC, Ocean City$829,024
35Hardwire, LLC, Pocomoke City$828,630
36Sunset Grille, LLC, Ocean City$780,810
3791st St Joint Venture LLC, Ocean City$775,625
38Worcester County Developmental Center Inc., Newark$748,905
39Worcester County Development Center, Inc., Newark$736,625
40Tio Gringo's Inc, Ocean City$726,530
41Bay Shore Development Corporation, Ocean City$726,400
42Old Pro Golf Inc, Ocean City$725,903
43Phillips Crab House Inc, Ocean City$700,261
44Tequila Mockingbird Inc, Ocean City$692,326
45Oc Lizard LLC, Ocean City$689,622
46Americana Stowaway Motel Inc., Ocean City$667,215
47Blue Water Development Corporation, Ocean City$663,247
48Genesar Inc, Ocean City$642,100
49Bbs Holdings Inc, Ocean City$615,104
50Harrison Inn Stardust Preferred LLC, Ocean City$592,100
51Faw Casson &Co LLP, Ocean City$590,205
52Embers Restaurant Inc The, Ocean City$588,000
53Phillips Crab House, Ocean City$583,342
54Njg Food Service Inc, Ocean City$581,514
55Guido's Burritos LLC, Ocean City$574,980
56Castle In The Sand, Inc., Ocean City$563,987
57Crab House Of Ocean City Inc, Ocean City$558,061
58Harrison Inn 18 Management Enterprises, Inc., Ocean City$546,600
59Salisbury Donut Shops Inc, Ocean City$536,900
60Tio Gringo's, Inc., Ocean City$518,949
61Harrison Q1 33 LLC, Ocean City$512,862
62Atlantic Physical Therapy,Rehab & Sports Medicine Inc, Berlin$497,500
63Arctic Refrigeration & Air Conditioning Service Company, Inc, Berlin$497,122
64Internet Business Strategies, Inc., Ocean City$495,467
65Rehoboth Donut Shops, Inc, Ocean City$494,500
66Eastern Shore Ent & Allergy, Salisbury$492,400
67Prince's Ocean Inn LLC, Ocean City$485,612
68Oc Bar LLC, Ocean City$484,502
69Americana Stowaway Motel Inc, Ocean City$476,600
70Trimper Rides Of Ocean City Inc, Ocean City$464,430
71Ocean City Boardwalk Inc., Ocean City$463,650
72Internet Business Strategies Inc., Ocean City$463,312
73Oc Freddies, LLC, Ocean City$462,300
74Bull On The Bay Inc, Ocean City$459,820
75Dover Donut Shops, Inc., Ocean City$457,800
76All States Construction Co Inc, Bishopville$457,003
77Mother's Cantina LLC, Ocean City$454,330
78Easton Donut Shops, Inc., Ocean City$451,979
79Acute Injury & Illness Centers LLC, Ocean City$450,475
80Ropewalk Oc, LLC, Ocean City$446,580
81Paul M. Jones Lumber Company Inc., Snow Hill$440,710
82Trimper's Rides Of Ocean City, Inc., Ocean City$437,600
83Atlantic Hotel Inc, Ocean City$435,268
84Acute Injury & Illness Centers, LLC, Ocean City$434,500
85Dumsers Dairyland North Inc, Ocean City$430,489
86Greenwich Investors Gull Creek Operator, Berlin$429,000
87The Bonfire Restaurant Inc, Ocean City$421,742
88Embers Restaurant Inc, The, Ocean City$420,000
89Heiderman Inc, Ocean City$417,389
90Jd Financial Services Inc, Ocean City$415,422
91Malone Subcontracting, LLC, Eden$414,900
92Bethany Boardwalk Group LLC, Ocean City$412,678
93Hertrich Of Pocomoke South, Inc, Pocomoke City$409,800
94Ocean City Boardwalk, Inc., Ocean City$407,312
95Reeves Entities Inc, Berlin$403,740
96Crab House Of Ocean City, Inc.., Ocean City$398,600
97Sun N Surf Inc., Ocean City$396,382
98Sazarac Pub Inc., Ocean City$387,436
99Nock's Tire Service Inc, Pocomoke City$386,014
100Potomac Manor, LLC, Berlin$381,475

How the list is drawn

  • 100 of the 2,362 borrowers ranked in Worcester 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.
  • A borrower is ranked here when SBA recorded its first loan in Worcester 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

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved