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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
RankNameUSD
1Tsrc, Inc., Ashland$5.6 million
2Produce Source Partners Inc, Ashland$4.0 million
3The Sheltering Arms Hospital, Mechanicsville$3.4 million
4Anton Paar Usa, Inc., Ashland$2.9 million
5Lee Hy Paving Corporation, Rockville$2.4 million
6Regional Marketing Concepts, Mechanicsville$2.4 million
7Rink Management Services Corporation, Mechanicsville$2.3 million
8Covenant Woods, Mechanicsville$2.1 million
9Lee Hy Paving Corporation, Rockville$2.0 million
9Tsrc Inc., Ashland$2.0 million
11Foley Material Handling Co. Inc., Ashland$1.9 million
11Foley Material Handling Co., Inc., Ashland$1.9 million
13Bagby Electric Of Va Inc., Ashland$1.9 million
14Bagby Electric Of Virginia, Inc., Ashland$1.7 million
15Specialty Coating & Laminating LLC, Doswell$1.6 million
16Cox Transportation Services, Inc., Ashland$1.6 million
17J L Culpepper & Company Incorporated, Ashland$1.5 million
18J.L. Culpepper & Co. Inc, Ashland$1.5 million
19Ww, Inc., Ashland$1.5 million
20Cobb Office Products Inc., Glen Allen$1.4 million
21E.J. Wade Construction, LLC, Mechanicsville$1.4 million
22Custom Ornamental Iron Inc, Glen Allen$1.4 million
23James River Petroleum Inc, Ashland$1.4 million
24Rbi Corporation, Ashland$1.3 million
25Coe Management Services Inc, Ashland$1.3 million
26Coe Management Services Inc., Ashland$1.3 million
27Cornerstone Labor Service, Inc., Montpelier$1.3 million
28Quality Transportation Services, Inc., Mechanicsville$1.2 million
29Sheehy Ashland Inc, Ashland$1.2 million
30Dominion Womens Health Inc, Mechanicsville$1.2 million
31Avis Electric Company, Inc., Mechanicsville$1.1 million
32Olli Salumeria Americana LLC, Mechanicsville$1.1 million
33Mechanicsville Toyota, Mechanicsville$1.1 million
34Instrumentation & Control Systems Inc., Ashland$1.1 million
35James River Petroleum, Inc, Ashland$1.0 million
36Structural Technologies, LLC, Doswell$1.0 million
37Colesville Nursery, Inc., Ashland$1.0 million
38Green Top Sporting Goods Corp., Ashland$994.8 thousand
39Instrumentation And Control Systems Engineering Inc., Ashland$985.0 thousand
40Bill Talley Ford Inc, Mechanicsville$983.2 thousand
41Richmond Traffic Control, Inc., Ashland$979.0 thousand
42Hartoonian Automotive LLC, Mechanicsville$967.7 thousand
43Kidmed Inc., Mechanicsville$927.8 thousand
44Inframap Corp, Glen Allen$921.8 thousand
45Pediatrics Inc., Glen Allen$889.9 thousand
46Architectural Products Of Virginia Inc., Ashland$863.6 thousand
47Connected Solutions Group, Mechanicsville$826.6 thousand
47Electrical Controls And Maintenance Inc, Mechanicsville$826.6 thousand
49Murdock Acquisition LLC, Ashland$826.0 thousand
50James River Nurseries, Ashland$818.3 thousand
51Hermitage Steel, Inc., Ashland$804.8 thousand
52D W Cary Hauling Inc, Ashland$785.3 thousand
53C. T. Purcell Excavating Inc, Montpelier$783.6 thousand
54Stanley Construction Company, Inc., Ashland$765.8 thousand
55Tolley Electrical Corporation, Ashland$756.5 thousand
56Architectural Products Of Virginia, Ashland$739.1 thousand
57Tuckahoe Landscaping & Lawncare, Inc., Rockville$723.4 thousand
58Ddi Transportation, Inc., Ashland$721.3 thousand
59Service Machine And Welding Co., Inc., Ashland$713.1 thousand
60Cornerstone Labor Services Inc., Montpelier$700.0 thousand
61Can See Fire Service Co Inc, Ashland$691.4 thousand
62Hi-Test Laboratories, Inc., Ashland$680.3 thousand
63Electrical Controls & Maintenance, Inc., Mechanicsville$675.9 thousand
64B & B Building Systems Inc, Ashland$630.8 thousand
65Brannan Inc., Ashland$629.6 thousand
65Brannan, Inc., Ashland$629.6 thousand
67Eee Consulting, Inc., Mechanicsville$618.4 thousand
68Southwood Building Systems, Inc., Ashland$615.9 thousand
69Laka Investments Inc, Mechanicsville$602.9 thousand
70Jefco, Inc, Ashland$595.0 thousand
71Blue Triangle Technologies, Mechanicsville$592.3 thousand
72Dva, Inc., Glen Allen$589.5 thousand
73Dominion Equipment Parts LLC, Ashland$587.0 thousand
742Nd Land LLC, Mechanicsville$585.7 thousand
75Whitten Brothers Of Ashland Inc, Ashland$571.6 thousand
76Folkes Electrical Construction Company Inc., Ashland$568.8 thousand
77New Field Inc., Ashland$562.5 thousand
78Commonwealth Blinds And Shades, Inc., Mechanicsville$562.2 thousand
79Ltcpcms Inc, Mechanicsville$561.5 thousand
80Team Beauford Logistics, Mechanicsville$560.8 thousand
81Hermitage Automation & Controls Inc, Ashland$552.8 thousand
82Blakemore Construction Corporation, Rockville$547.2 thousand
83Green Air, Inc., Ashland$545.7 thousand
84Williamsville Wellness, LLC, Hanover$545.0 thousand
85Hill Electrical, Inc., Mechanicsville$543.9 thousand
86Infinity Medical, Inc., Mechanicsville$541.8 thousand
87Moncure Jones Group, Inc., Mechanicsville$534.6 thousand
88Hhh Underground LLC, Glen Allen$533.2 thousand
89Dominion Equipment Parts LLC, Ashland$532.6 thousand
90Intensive Community Outreach Services, Mechanicsville$530.0 thousand
91Flippo Lumber Corporation, Doswell$526.5 thousand
92Advanced Fueling Systems Inc, Ashland$525.0 thousand
93First Call Environmental, LLC, Ashland$523.8 thousand
94Virginia Steel Specialties LLC, Ashland$523.5 thousand
95G & G Motorcycles Inc, Ashland$509.0 thousand
96Dwight Snead Landscaping & Paving Co. Inc., Glen Allen$498.1 thousand
97New Bedford Corporation, Ashland$497.4 thousand
98Powertrain Control Solutions LLC, Ashland$489.1 thousand
99Fastrack Mechanical LLC, Mechanicsville$488.8 thousand
100Digital Video Group Inc, Ashland$487.2 thousand
100Digital Video Group Inc, Mechanicsville$487.2 thousand

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

Data retrieved