College Park businesses and nonprofits have received up to $ 40.8 million in loans from the Small Business Administration’s Paycheck Protection Program, according to recently released data in partnership with the Treasury Department.
The Payment Protection Program was designed to help small businesses overcome the economic consequences of the COVID-19 pandemic. And 328 College Park businesses, including Looney’s Pub, RJ Bentley’s and the Junior Tennis Champions Center, are among those that have benefited from the program.
Castle Sprinkler and Alarm, Imported Cars of Maryland and La Prima Food Group each received between $ 1 million and $ 2 million from the program – the highest on record in the city.
Eleven companies and nonprofits, including Holiday Inn and the American Association of Physics Teachers, received between $ 350,000 and $ 1 million. Thirty-four companies received between $ 150,000 and $ 350,000, including the Terrapin Care Centers. Almost 300 companies received less than $ 150,000 from the program.
Hover over the map below to see which companies have received more than $ 150,000 from the program. You can filter by loan range and search by company name and loan range using the text boxes at the top.