There were 55 PPP loans issued in Virginia during the week ending June 21. 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 |
---|---|---|
Spectrum Community, Inc. | 2020-06-15 | $1-2 million |
Greenzone Solutions, Inc. | 2020-06-15 | $350,000-1 million |
Bushido Associates, Inc. | 2020-06-15 | $150,000-350,000 |
Fastrak Intermodal, LLC | 2020-06-15 | $150,000-350,000 |
Frozen Pond Investments, LLC | 2020-06-15 | $150,000-350,000 |
Haislip Corporation | 2020-06-15 | $150,000-350,000 |
Integrated Access Control Services, Inc. | 2020-06-15 | $150,000-350,000 |
Millenniumsoft, Inc. | 2020-06-15 | $150,000-350,000 |
Xenia Systems, LLC | 2020-06-15 | $150,000-350,000 |
Crossroads Counseling Center, Inc. | 2020-06-16 | $350,000-1 million |
Home Link Care, LLC | 2020-06-16 | $350,000-1 million |
Marlyn Development Corporation | 2020-06-16 | $350,000-1 million |
Pinellas Corporation | 2020-06-16 | $350,000-1 million |
Tabet Manufacturing Company, Inc. | 2020-06-16 | $350,000-1 million |
Travel Basketball Association, Inc. | 2020-06-16 | $350,000-1 million |
American Dental Excellence, LLC | 2020-06-16 | $150,000-350,000 |
Chimney Doctor Nova, Inc. | 2020-06-16 | $150,000-350,000 |
Elegant Enterprise-Wide Solutions, Inc. | 2020-06-16 | $150,000-350,000 |
Engineering & Software Consultants, Inc. | 2020-06-16 | $150,000-350,000 |
Independent Family Services | 2020-06-16 | $150,000-350,000 |
Kelstar Enterprises, LLC | 2020-06-16 | $150,000-350,000 |
Life Touch Services, LLC | 2020-06-16 | $150,000-350,000 |
New Beginning, Inc. | 2020-06-16 | $150,000-350,000 |
Nickel Enterprises, LLC | 2020-06-16 | $150,000-350,000 |
United States Services Installations, LLC | 2020-06-16 | $150,000-350,000 |
Westgate Child Center Corporation | 2020-06-16 | $150,000-350,000 |
Woodward Turf Farms, Inc. | 2020-06-16 | $150,000-350,000 |
Anytime Home Care | 2020-06-17 | $150,000-350,000 |
Central Senior Center, Inc. | 2020-06-17 | $150,000-350,000 |
Maxs on Broad, LLC | 2020-06-17 | $150,000-350,000 |
Metropolis of Pennsylvania Limited | 2020-06-17 | $150,000-350,000 |
Perch RVA, LLC | 2020-06-17 | $150,000-350,000 |
Robert Stackhouse | 2020-06-17 | $150,000-350,000 |
Tarrants Cafe, LLC | 2020-06-17 | $150,000-350,000 |
Tarrants, LLC | 2020-06-17 | $150,000-350,000 |
Lanford Brothers Company, Inc. | 2020-06-18 | $1-2 million |
Securicon, LLC | 2020-06-18 | $1-2 million |
KSA Integration, LLC | 2020-06-18 | $350,000-1 million |
Lovin Care Home Health | 2020-06-18 | $350,000-1 million |
Spanish Wells Golf Management, LLC | 2020-06-18 | $350,000-1 million |
American Association of Tissue Banks, Inc. | 2020-06-18 | $150,000-350,000 |
A&e Plumbing, Inc. | 2020-06-19 | $350,000-1 million |
Beckford Trucking, LLC | 2020-06-19 | $350,000-1 million |
Lieutenant Consulting, LLC | 2020-06-19 | $350,000-1 million |
A D C S Holdings, LLC | 2020-06-19 | $150,000-350,000 |
Dawn Marie Jarvis | 2020-06-19 | $150,000-350,000 |
FBH Ashburn, LLC | 2020-06-19 | $150,000-350,000 |
Flood Doctor, Inc. | 2020-06-19 | $150,000-350,000 |
Hydraulic Repair Corporation | 2020-06-19 | $150,000-350,000 |
Kenney Business Solutions, Inc. | 2020-06-19 | $150,000-350,000 |
Papermoon-Springfield, Inc. | 2020-06-19 | $150,000-350,000 |
Sangria, Inc. | 2020-06-19 | $150,000-350,000 |
Selecta Food, Inc. | 2020-06-20 | $150,000-350,000 |
DTP Holding, LLC | 2020-06-21 | $350,000-1 million |
All Lines Transport, Inc. | 2020-06-21 | $150,000-350,000 |