Record · County

PPP loans in Hanover County, Virginia

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,054 Paycheck Protection Program loans for businesses it recorded in Hanover County, $282.4 million in all.

Hanover County, as of September 30, 2024

$282.4 million
Approved: $282,403,315; 1.6% of the $18.0 billion approved in Virginia.; 3,054
Loans: 2,252 first draws and 802 second draws.; 96.3%
Forgiven: 2,941 of 3,054 loans carry a forgiveness amount, $277.5 million in all.; 2.2%
Charged off: 67 of 3,054 loans, approved for $1.9 million. That is the loans' size, not what SBA lost.

The largest borrowers in Hanover County · 2020–21

1 more column on a wider screen

The largest borrowers in Hanover County, 2020–21
Rank	Name	USD	Loans
1	Tsrc, Inc., Ashland	$5.6 million$5,596,000	1
2	Produce Source Partners Inc, Ashland	$4.0 million$4,013,113	2
3	The Sheltering Arms Hospital, Mechanicsville	$3.4 million$3,436,827	1
4	Anton Paar Usa, Inc., Ashland	$2.9 million$2,870,000	1
5	Lee Hy Paving Corporation, Rockville	$2.4 million$2,389,000	1
6	Regional Marketing Concepts, Mechanicsville	$2.4 million$2,356,000	1
7	Rink Management Services Corporation, Mechanicsville	$2.3 million$2,348,202	1
8	Covenant Woods, Mechanicsville	$2.1 million$2,107,300	1
9	Lee Hy Paving Corporation, Rockville	$2.0 million$2,000,000	1
9	Tsrc Inc., Ashland	$2.0 million$2,000,000	1
11	Foley Material Handling Co. Inc., Ashland	$1.9 million$1,900,000	1
11	Foley Material Handling Co., Inc., Ashland	$1.9 million$1,900,000	1
13	Bagby Electric Of Va Inc., Ashland	$1.9 million$1,887,656	1
14	Bagby Electric Of Virginia, Inc., Ashland	$1.7 million$1,696,189	1
15	Specialty Coating & Laminating LLC, Doswell	$1.6 million$1,623,505	1
16	Cox Transportation Services, Inc., Ashland	$1.6 million$1,562,500	1
17	J L Culpepper & Company Incorporated, Ashland	$1.5 million$1,524,500	1
18	J.L. Culpepper & Co. Inc, Ashland	$1.5 million$1,524,400	1
19	Ww, Inc., Ashland	$1.5 million$1,515,900	1
20	Cobb Office Products Inc., Glen Allen	$1.4 million$1,444,912	1
21	E.J. Wade Construction, LLC, Mechanicsville	$1.4 million$1,439,283	1
22	Custom Ornamental Iron Inc, Glen Allen	$1.4 million$1,421,975	1
23	James River Petroleum Inc, Ashland	$1.4 million$1,392,518	1
24	Rbi Corporation, Ashland	$1.3 million$1,335,400	1
25	Coe Management Services Inc, Ashland	$1.3 million$1,305,800	1
26	Coe Management Services Inc., Ashland	$1.3 million$1,301,532	1
27	Cornerstone Labor Service, Inc., Montpelier	$1.3 million$1,250,000	1
28	Quality Transportation Services, Inc., Mechanicsville	$1.2 million$1,199,200	1
29	Sheehy Ashland Inc, Ashland	$1.2 million$1,157,000	1
30	Dominion Womens Health Inc, Mechanicsville	$1.2 million$1,151,729	2
31	Avis Electric Company, Inc., Mechanicsville	$1.1 million$1,115,800	1
32	Olli Salumeria Americana LLC, Mechanicsville	$1.1 million$1,107,500	1
33	Mechanicsville Toyota, Mechanicsville	$1.1 million$1,074,019	1
34	Instrumentation & Control Systems Inc., Ashland	$1.1 million$1,059,152	1
35	James River Petroleum, Inc, Ashland	$1.0 million$1,045,364	1
36	Structural Technologies, LLC, Doswell	$1.0 million$1,007,900	1
37	Colesville Nursery, Inc., Ashland	$1.0 million$1,001,562	1
38	Green Top Sporting Goods Corp., Ashland	$994,800	1
39	Instrumentation And Control Systems Engineering Inc., Ashland	$985,000	1
40	Bill Talley Ford Inc, Mechanicsville	$983,184	1
41	Richmond Traffic Control, Inc., Ashland	$979,000	1
42	Hartoonian Automotive LLC, Mechanicsville	$967,700	1
43	Kidmed Inc., Mechanicsville	$927,842	1
44	Inframap Corp, Glen Allen	$921,842	1
45	Pediatrics Inc., Glen Allen	$889,891	1
46	Architectural Products Of Virginia Inc., Ashland	$863,650	1
47	Connected Solutions Group, Mechanicsville	$826,600	1
47	Electrical Controls And Maintenance Inc, Mechanicsville	$826,600	1
49	Murdock Acquisition LLC, Ashland	$826,000	1
50	James River Nurseries, Ashland	$818,300	1
51	Hermitage Steel, Inc., Ashland	$804,787	1
52	D W Cary Hauling Inc, Ashland	$785,308	1
53	C. T. Purcell Excavating Inc, Montpelier	$783,600	1
54	Stanley Construction Company, Inc., Ashland	$765,800	1
55	Tolley Electrical Corporation, Ashland	$756,500	1
56	Architectural Products Of Virginia, Ashland	$739,100	1
57	Tuckahoe Landscaping & Lawncare, Inc., Rockville	$723,400	1
58	Ddi Transportation, Inc., Ashland	$721,300	1
59	Service Machine And Welding Co., Inc., Ashland	$713,150	1
60	Cornerstone Labor Services Inc., Montpelier	$700,000	1
61	Can See Fire Service Co Inc, Ashland	$691,400	1
62	Hi-Test Laboratories, Inc., Ashland	$680,300	1
63	Electrical Controls & Maintenance, Inc., Mechanicsville	$675,900	1
64	B & B Building Systems Inc, Ashland	$630,800	1
65	Brannan Inc., Ashland	$629,600	1
65	Brannan, Inc., Ashland	$629,600	1
67	Eee Consulting, Inc., Mechanicsville	$618,400	1
68	Southwood Building Systems, Inc., Ashland	$615,916	1
69	Laka Investments Inc, Mechanicsville	$602,900	1
70	Jefco, Inc, Ashland	$595,050	1
71	Blue Triangle Technologies, Mechanicsville	$592,300	1
72	Dva, Inc., Glen Allen	$589,500	1
73	Dominion Equipment Parts LLC, Ashland	$587,003	1
74	2nd Land LLC, Mechanicsville	$585,700	2
75	Whitten Brothers Of Ashland Inc, Ashland	$571,591	1
76	Folkes Electrical Construction Company Inc., Ashland	$568,812	1
77	New Field Inc., Ashland	$562,500	1
78	Commonwealth Blinds And Shades, Inc., Mechanicsville	$562,208	1
79	Ltcpcms Inc, Mechanicsville	$561,520	2
80	Team Beauford Logistics, Mechanicsville	$560,833	1
81	Hermitage Automation & Controls Inc, Ashland	$552,771	1
82	Blakemore Construction Corporation, Rockville	$547,248	1
83	Green Air, Inc., Ashland	$545,688	1
84	Williamsville Wellness, LLC, Hanover	$545,000	1
85	Hill Electrical, Inc., Mechanicsville	$543,900	1
86	Infinity Medical, Inc., Mechanicsville	$541,800	1
87	Moncure Jones Group, Inc., Mechanicsville	$534,600	1
88	Hhh Underground LLC, Glen Allen	$533,205	1
89	Dominion Equipment Parts LLC, Ashland	$532,578	1
90	Intensive Community Outreach Services, Mechanicsville	$530,000	1
91	Flippo Lumber Corporation, Doswell	$526,456	1
92	Advanced Fueling Systems Inc, Ashland	$525,000	1
93	First Call Environmental, LLC, Ashland	$523,815	1
94	Virginia Steel Specialties LLC, Ashland	$523,500	1
95	G & G Motorcycles Inc, Ashland	$508,952	1
96	Dwight Snead Landscaping & Paving Co. Inc., Glen Allen	$498,100	1
97	New Bedford Corporation, Ashland	$497,400	1
98	Powertrain Control Solutions LLC, Ashland	$489,115	1
99	Fastrack Mechanical LLC, Mechanicsville	$488,800	1
100	Digital Video Group Inc, Ashland	$487,200	1
100	Digital Video Group Inc, Mechanicsville	$487,200	1

How the list is drawn

101 of the 2,949 borrowers ranked in Hanover 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. The last rank here is shared by 2 borrowers.
A borrower is ranked here when SBA recorded its first loan in Hanover 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.

Sources

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

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 September 23, 2026

Hanover County, as of September 30, 2024

The largest borrowers in Hanover County · 2020–21

How the list is drawn

Related

Sources