There were 56 PPP loans issued in Virginia during the week ending May 31. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Manley Enterprises, Inc. | 2020-05-25 | $150,000-350,000 |
Accordius Health at Harrisonburg, LLC | 2020-05-26 | $350,000-1 million |
Emporia VA Opco, LLC | 2020-05-26 | $350,000-1 million |
Paredes Institute for Womens Imaging | 2020-05-26 | $350,000-1 million |
Punch Cyber Corporation | 2020-05-26 | $350,000-1 million |
C. Benson Clark PC, D.D.S. | 2020-05-26 | $150,000-350,000 |
Clarke & Sampson, Inc. | 2020-05-26 | $150,000-350,000 |
Coptic Orphans Support Association | 2020-05-26 | $150,000-350,000 |
Dust Cleaners, LLC | 2020-05-26 | $150,000-350,000 |
Frith Construction Company, Inc. | 2020-05-26 | $150,000-350,000 |
FS Dulles, LLC | 2020-05-26 | $150,000-350,000 |
FS Gainesville, LLC | 2020-05-26 | $150,000-350,000 |
L & Wood Transfer, Inc. | 2020-05-26 | $150,000-350,000 |
Math Mechanical, Inc. | 2020-05-26 | $150,000-350,000 |
Roman Chariots, LLC | 2020-05-26 | $150,000-350,000 |
Ultatel, LLC | 2020-05-26 | $150,000-350,000 |
Thrive Counseling, LLC | 2020-05-27 | $2-5 million |
Angel Wings Home Care | 2020-05-27 | $150,000-350,000 |
Berkeley Financial Corporation | 2020-05-27 | $150,000-350,000 |
Chapter 13 Trusteeship of Christopher Micale | 2020-05-27 | $150,000-350,000 |
Cloud BC Labs, Inc. | 2020-05-27 | $150,000-350,000 |
Falcon Logic, LLC | 2020-05-27 | $150,000-350,000 |
KDA Consulting, Inc. | 2020-05-27 | $150,000-350,000 |
Schiavenin Group, Inc. | 2020-05-27 | $150,000-350,000 |
Southern Spostylvania Plumbing | 2020-05-27 | $150,000-350,000 |
Specialized Construction Services, Inc. | 2020-05-27 | $150,000-350,000 |
TWC Association Management | 2020-05-27 | $150,000-350,000 |
MPS Healthcare, Inc. | 2020-05-28 | $2-5 million |
Economic Systems, Inc. | 2020-05-28 | $1-2 million |
MSM Vantage Construction | 2020-05-28 | $350,000-1 million |
Potomac Architectural Millwork Corporation | 2020-05-28 | $350,000-1 million |
TNT Transportation LC | 2020-05-28 | $350,000-1 million |
Grace Community Church of Arlington | 2020-05-28 | $150,000-350,000 |
Heritage Electrical Corporation | 2020-05-28 | $150,000-350,000 |
Life Lessons Family Serivces | 2020-05-28 | $150,000-350,000 |
Lowerys Seafood Restaurant | 2020-05-28 | $150,000-350,000 |
Special Renovations, Inc. | 2020-05-28 | $150,000-350,000 |
Bridgewater College | 2020-05-29 | $2-5 million |
Dunn Loring VA Opco, LLC | 2020-05-29 | $1-2 million |
Global Research Analytics, LLC | 2020-05-29 | $1-2 million |
Swanson Services, LLC | 2020-05-29 | $1-2 million |
Accordius Health at Nans Pointe, LLC | 2020-05-29 | $350,000-1 million |
Public Health Accreditation Board | 2020-05-29 | $350,000-1 million |
American Screen & Glass | 2020-05-29 | $150,000-350,000 |
Blocksmith Group, Inc. | 2020-05-29 | $150,000-350,000 |
Edenali, Inc. | 2020-05-29 | $150,000-350,000 |
K&M Roofing, LLC | 2020-05-29 | $150,000-350,000 |
Las Palmas, LLC | 2020-05-29 | $150,000-350,000 |
Lindsey Brothers, Inc. | 2020-05-29 | $150,000-350,000 |
Marks, Inc. | 2020-05-29 | $150,000-350,000 |
Nestor Tezna | 2020-05-29 | $150,000-350,000 |
Northern Virginia Psychiatric Group, PC | 2020-05-29 | $150,000-350,000 |
Slaiby7 Investments, LLC | 2020-05-29 | $150,000-350,000 |
Swimmetro Management, Inc. | 2020-05-29 | $150,000-350,000 |
The Citadel Virginia Beach, LLC | 2020-05-30 | $350,000-1 million |
Greenfield International Corporation | 2020-05-31 | $150,000-350,000 |