There were 69 PPP loans issued in Virginia during the week ending June 28. 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 |
|---|---|---|
| Kerma Medical Products, Inc. | 2020-06-22 | $350,000-1 million |
| Lake Anna Tree Service, LLC | 2020-06-22 | $350,000-1 million |
| Lynn House of Potomac Valley, Inc. | 2020-06-22 | $350,000-1 million |
| Business Intelligence Solutions, Inc. | 2020-06-22 | $150,000-350,000 |
| I-3 Ilson's Installation, Inc. | 2020-06-22 | $150,000-350,000 |
| International Technology Industry, Inc. | 2020-06-22 | $150,000-350,000 |
| Rancho Grande, Inc. | 2020-06-22 | $150,000-350,000 |
| United Invest, Inc. | 2020-06-22 | $150,000-350,000 |
| Rappahannock Electric Cooperative | 2020-06-23 | $5-10 million |
| Mecklenburg Electric Cooperative | 2020-06-23 | $2-5 million |
| Information Technology Strategies, LLC | 2020-06-23 | $1-2 million |
| Galaxy Granite & Marble, Inc. | 2020-06-23 | $350,000-1 million |
| PCM Industrial Services, Inc. | 2020-06-23 | $350,000-1 million |
| Software Consultants, Inc. | 2020-06-23 | $350,000-1 million |
| Agro-Sevilla USA, Inc. | 2020-06-23 | $150,000-350,000 |
| Aqua Leisure Pools, Spas and Patios, Inc. | 2020-06-23 | $150,000-350,000 |
| Evan Energy Investments, LC | 2020-06-23 | $150,000-350,000 |
| Galaxy Contracting, Inc. | 2020-06-23 | $150,000-350,000 |
| Signs Unlimited, Inc. | 2020-06-23 | $150,000-350,000 |
| United Investment, LLC | 2020-06-23 | $150,000-350,000 |
| Anchor Healthcare Services | 2020-06-24 | $350,000-1 million |
| United Futsal League, LLC | 2020-06-24 | $350,000-1 million |
| Classic Party Rentals of Virginia | 2020-06-24 | $150,000-350,000 |
| Hardden, LLC | 2020-06-24 | $150,000-350,000 |
| R. E. Martin Tree Specialists, Inc. | 2020-06-24 | $150,000-350,000 |
| Uplifting Hands Home Health Care, LLC | 2020-06-24 | $150,000-350,000 |
| US & CN International, LLC | 2020-06-24 | $150,000-350,000 |
| Xcel Construction, Inc. | 2020-06-24 | $150,000-350,000 |
| Richmond Fitness, Inc. | 2020-06-25 | $2-5 million |
| 4641 Kenmore VA, LLC | 2020-06-25 | $350,000-1 million |
| Integrated Solution, LLC | 2020-06-25 | $350,000-1 million |
| Spring Home Care Corporation | 2020-06-25 | $350,000-1 million |
| Unbound Medicine, Inc. | 2020-06-25 | $350,000-1 million |
| Vertical Transportation Specialist, LLC | 2020-06-25 | $350,000-1 million |
| American Plastic Fab and Machine, Inc. | 2020-06-25 | $150,000-350,000 |
| Angel Wings Family Services of Hampton, LLC. | 2020-06-25 | $150,000-350,000 |
| Boil Bay C. H. , Inc. | 2020-06-25 | $150,000-350,000 |
| Chain Bridge Partners, LLC | 2020-06-25 | $150,000-350,000 |
| Entinu Communications, LLC | 2020-06-25 | $150,000-350,000 |
| Gravy Staff, Inc. | 2020-06-25 | $150,000-350,000 |
| It Services Now, LLC | 2020-06-25 | $150,000-350,000 |
| Pearson's Appraisal Service, Inc. | 2020-06-25 | $150,000-350,000 |
| Tristar International, LLC | 2020-06-25 | $150,000-350,000 |
| Avitecture, Inc. | 2020-06-26 | $1-2 million |
| Clinicahealth, Inc. | 2020-06-26 | $1-2 million |
| Anderson GT, LLC | 2020-06-26 | $350,000-1 million |
| CR Phillips Electrical Contractors, Inc. | 2020-06-26 | $350,000-1 million |
| Craft Masonry | 2020-06-26 | $350,000-1 million |
| Saliense Consulting, LLC | 2020-06-26 | $350,000-1 million |
| Argus Secure Technology, LLC | 2020-06-26 | $150,000-350,000 |
| Commonwealth Ventures, Inc. | 2020-06-26 | $150,000-350,000 |
| Dairy Queen of Virginia Incorporated | 2020-06-26 | $150,000-350,000 |
| G. R. Patel & Associates, Inc. | 2020-06-26 | $150,000-350,000 |
| J. W. Canaday Trucking, Inc. | 2020-06-26 | $150,000-350,000 |
| KBA Holdings, Inc. | 2020-06-26 | $150,000-350,000 |
| Motion Matters, Inc. | 2020-06-26 | $150,000-350,000 |
| Real Time Media | 2020-06-26 | $150,000-350,000 |
| Redeemed Assembly of Jesus Christ Apostolic | 2020-06-26 | $150,000-350,000 |
| Riverside Mental Health, PLLC | 2020-06-26 | $150,000-350,000 |
| Tracen Technologies, Inc. | 2020-06-26 | $150,000-350,000 |
| Victorious Healthcare Services, LLC | 2020-06-26 | $150,000-350,000 |
| Dropyn, LLC | 2020-06-27 | $1-2 million |
| Southern by the Belle | 2020-06-27 | $150,000-350,000 |
| True Solutions Check, LLC | 2020-06-27 | $150,000-350,000 |
| Chemetrics, Inc. | 2020-06-28 | $350,000-1 million |
| Federal Integrated Systems Corporation | 2020-06-28 | $150,000-350,000 |
| G-Fam Home Health Care, LLC. | 2020-06-28 | $150,000-350,000 |
| Pantheon Motor Group, LLC | 2020-06-28 | $150,000-350,000 |
| WWR Placement, LLC | 2020-06-28 | $150,000-350,000 |
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