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PPP loans in Henry County, Virginia

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 696 Paycheck Protection Program loans for businesses it recorded in Henry County, $41.6 million in all.

Henry County, as of September 30, 2024

$41.6 million
Approved
$41,646,891
0.2% of the $18.0 billion approved in Virginia.
696
Loans
581 first draws and 115 second draws.
91.5%
Forgiven
637 of 696 loans carry a forgiveness amount, $40.6 million in all.
6.5%
Charged off
45 of 696 loans, approved for $788.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Henry County · 2020–21

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The largest borrowers in Henry County, 2020–21
RankNameUSD
1Drake Extrusion, Inc., Ridgeway$2.1 million
2Applied Felts, Inc., Martinsville$1.7 million
3Nilit America Inc., Ridgeway$1.7 million
4Hopkins Lumber Contractors Inc, Ridgeway$925.4 thousand
5Bassett Mirror Co Inc, Bassett$788.7 thousand
6Southprint, Martinsville$779.0 thousand
7Gl Virginia Martinsville, LLC, Martinsville$666.7 thousand
8Warren Trucking Company Incorporated, Ridgeway$626.1 thousand
9Blue Ridge Aquaculture Inc, Ridgeway$578.9 thousand
10Pine Products, LLC, Martinsville$577.7 thousand
11Blue Ridge Aquaculture Inc, Ridgeway$573.3 thousand
12Koger Air Corporation, Martinsville$533.1 thousand
13Carlisle School, Axton$517.5 thousand
14Carlisle School, Axton$509.2 thousand
15Gr Chevrolet Inc, Stanleytown$498.4 thousand
16Smart Machine Technologies, Inc., Ridgeway$468.5 thousand
17Life Stages, Inc., Martinsville$456.5 thousand
18Sannic, LLC, Martinsville$439.2 thousand
19Southprint Inc., Martinsville$392.2 thousand
20O&W Enterprises, Inc., Stanleytown$362.0 thousand
21Rockwood Specialties, LLC, Bassett$353.7 thousand
22O & W Enterprises Inc., Stanleytown$350.8 thousand
23Gunter Automotive LLC, Ridgeway$340.4 thousand
24Collinsville Printing Company Inc, Martinsville$338.4 thousand
25Sleepsafe Beds, LLC, Bassett$337.0 thousand
26Stone Dynamics Inc, Martinsville$327.4 thousand
27Commonwealth Installation LLC, Martinsville$285.5 thousand
28Norris Funeral Services Inc, Martinsville$278.5 thousand
29A Nurse's Touch Home Care, Martinsville$275.0 thousand
30Starsprings Usa Inc., Ridgeway$269.2 thousand
31Starsprings Usa Inc., Ridgeway$260.4 thousand
32Gravely Auto Sales & Recycling Inc., Axton$238.1 thousand
33Virginia Logistics LLC, Martinsville$236.7 thousand
34Martinsville Henry County Coalition For Health And Wellness, Martinsville$236.6 thousand
35Nelson Automotive Group Central LLC, Stanleytown$235.5 thousand
36Multi State Telecom Inc, Ridgeway$227.5 thousand
37Gunter Automotive LLC DBA Gunter Chrysler Dodge Jeep Ram Of, Ridgeway$223.3 thousand
38B & B Trucking Co Inc, Bassett$218.1 thousand
39Blue Ridge Packaging Corp., Ridgeway$216.1 thousand
40Friedrichs Family Eye Care Center Pc, Martinsville$213.8 thousand
41Robert A Brinegar Tr, Spencer$206.4 thousand
42Triangle Electric Corp, Ridgeway$200.8 thousand
43Will Transport Inc, Martinsville$197.7 thousand
44Hatchett Transportation Inc., Bassett$194.1 thousand
45Dr Jon's Urgent Care Center Pc, Martinsville$193.4 thousand
46Afs Of Martinsville Alf, Inc, Martinsville$188.2 thousand
47Gardner Barrow & Sharpe Pc, Martinsville$187.5 thousand
48Handy Rentals Inc., Martinsville$182.6 thousand
49Dr Jon's Urgent Care Center, Pc, Martinsville$182.4 thousand
50Nelson Auto Group South Inc, Martinsville$181.4 thousand
51Pallu Hospitality LLC, Collinsville$179.8 thousand
52R & R Automation, Martinsville$175.2 thousand
53John Parcell, Bassett$173.4 thousand
54Max Kendall Inc, Axton$165.1 thousand
55Commercial Fyr-Fyters, Inc., Martinsville$162.9 thousand
56Town Gun Shop Inc, Collinsville$161.4 thousand
57Packaging Products Inc., Bassett$158.9 thousand
58Virginia Blower Co, Collinsville$158.2 thousand
59Novatech Patio Doors, Inc., Ridgeway$152.0 thousand
60Hardide Coatings Inc, Martinsville$149.1 thousand
61Clarences Steak&Seafood House, ridgeway$148.5 thousand
62Light Electric Co Inc, Bassett$146.6 thousand
63Axxa Incorporated, Martinsville$145.7 thousand
64Pigs R Us Inc, Martinsville$142.5 thousand
65Gregory's Auto Body Shop LLC, Ridgeway$141.5 thousand
66Virginia Blower Co, Collinsville$140.2 thousand
67Light Electric Co Inc, Bassett$138.0 thousand
68John B Parcell, Bassett$137.5 thousand
69Yamato Jnj Steakhouse Inc, Martinsville$134.0 thousand
70McKinney Heating & Air Conditioning LLC, Fieldale$129.7 thousand
71Kirby Greer Enterprises LLC, Bassett$128.8 thousand
72Chan M Park Family Practice, Ridgeway$127.0 thousand
73Everything Outdoors, Bassett$126.2 thousand
74Sarver Cleaning Services LLC, Collinsville$123.0 thousand
75Fairystone Import Parts & Paint LLC, Bassett$121.5 thousand
76Williams Logging & Chipping, Inc., Spencer$119.0 thousand
77C M Harris Industries LLC, Martinsville$118.0 thousand
78Vvex, Inc, Basset$117.4 thousand
79J Peyton Moore DDS, Martinsville$116.6 thousand
80Gail Vogler, Martinsville$115.0 thousand
81Mayo Residential LLC, Martinsville$114.3 thousand
82Whitlock Plumbing & Heating Inc., Martinsville$110.0 thousand
83Bowling Logging & Chipping Inc., Ridgeway$109.3 thousand
84Bowling Logging & Chipping, Inc., Ridgeway$108.0 thousand
85Bryantsplumbingandheating, Martinsville$106.0 thousand
86Surrey Precision Tools, Inc., Bassett$105.6 thousand
87Dependable Home Health Care, LLC, Martinsville$105.5 thousand
88Pigs R Us Inc, Martinsville$104.8 thousand
89Vipperman Air Conditioning, Ridgeway$104.4 thousand
90Technical Motor Service LLC, Martinsville$103.1 thousand
91Pallu Hospitality LLC, Collinsville$100.0 thousand
92Chan M Park Family Practice, Ridgeway$98,465
93Steve Martin's Trenching, Inc., Bassett$97,200
93Winn & Associates Inc., Martinsville$97,200
95Star News Corporation, Martinsville$97,040
96Fieldale Insurance Agency Inc., Fieldale$96,200
97Universal Truck Service Inc, Martinsville$95,800
98Southwest Restaurant Company, axton$95,068
99Wfl Company Inc, Ridgeway$94,890
100Container Warehouse Inc, Ridgeway$94,500

How the list is drawn

  • 100 of the 676 borrowers ranked in Henry 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.
  • A borrower is ranked here when SBA recorded its first loan in Henry 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