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PPP loans in Madison County, Virginia

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 299 Paycheck Protection Program loans for businesses it recorded in Madison County, $19.9 million in all.

Madison County, as of September 30, 2024

$19.9 million
Approved
$19,941,024
0.1% of the $18.0 billion approved in Virginia.
299
Loans
246 first draws and 53 second draws.
97.3%
Forgiven
291 of 299 loans carry a forgiveness amount, $20.0 million in all.
1.0%
Charged off
3 of 299 loans, approved for $61.1 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Madison County · 2020–21

1 more column on a wider screen

The largest borrowers in Madison County, 2020–21
RankNameUSD
1Plow & Hearth, LLC, Madison$3.4 million
2Spec Personnel LLC, Oakpark$3.2 million
3Madison Wood Preservers, Inc, Madison$1.3 million
4Mwp Supply Inc, Madison$888.1 thousand
5Childrens Group, LLC, Madison$517.7 thousand
6Graves Mountain Lodge Inc, Syria$336.6 thousand
7Madison Motors LLC, Madison$333.4 thousand
8Duct-Rite Mechanical LLC, Madison$313.3 thousand
9L&D Coates Inc., Rochelle$300.0 thousand
10L&D Coates, Inc., Aroda$275.0 thousand
11Duct-Rite Mechanical LLC, Madison$262.7 thousand
12Weaver Works, Inc, Madison$253.4 thousand
13Graves Mountain Lodge Inc, Syria$240.4 thousand
14Elk Run, LLC, Madison$235.6 thousand
15Rock Hill Lumber Inc, Culpeper$228.3 thousand
16Nda Partners LLC, Rochelle$210.9 thousand
17Prince Michel, LLC, Leon$197.1 thousand
18Hill Top Excavation & Construction Inc, Madison$154.4 thousand
19Ls Industries Inc, Madison$153.3 thousand
20E.A. Clore Sons Inc., Madison$149.5 thousand
21Lewis A. Lamb Sons, Inc., Rochelle$127.5 thousand
22Bavarian Chef Incorporated, Madison$118.7 thousand
23Windrosetradingcompany, Madison$111.1 thousand
24Tm Evans Electric, Inc, Etlan$109.2 thousand
25Virginia Homebuilders, Inc., Madison$106.4 thousand
26Tm Evans Electric Inc, Etlan$104.2 thousand
27Leroy Woodward & Son Logging Inc., Madison$103.7 thousand
27Leroy Woodward & Son Logging, Inc., Madison$103.7 thousand
29Camp Varsity, LLC, Madison$103.3 thousand
30Chesapeake And Hudson Inc, Rochelle$101.6 thousand
31L & R Construction Company Inc, Madison$100.1 thousand
31L & R Construction Company Inc, Madison$100.1 thousand
33Mid-Atlantic Pathwork Inc., Madison$97,014
34Paperchase Inc, Madison$85,335
35Professional Golf Arborists DBA Proarbor, Locust Dale$82,700
36Early Amp Powell, Plc, madison$81,800
37Madison Companion Animal Hospital LLC, Madison$80,590
38Madison Drug Company, Inc., Madison$78,092
39Madison Learning Center Incorporated, Madison$72,500
40Mid-Atlantic Pathwork Inc, Madison$72,438
41Ace Collision Center, Inc., Madison$72,000
42Madison Livestock Exchange Inc, Radiant$71,200
43Jones Of Madison Inc, Madison$70,000
44Jones Auto Parts,Inc., Madison$65,000
45M & M Partners, Madison$63,445
45M&M Partners, Madison$63,445
47Deane Logging Company, Inc., Madison$63,000
48Shepherd And Sons Farm LLC, Rochelle$62,532
49Wired LLC, Radiant$62,241
50Jason Brennan, Madison$61,040
51Castlebrook Estate, LLC, Aroda$60,054
52Jones Of Madison Inc, Madison$60,000
53Greenscapes Nursery & Garden Shoppe, Inc., Madison$58,500
54Jenkins And Jenkins, Inc, Madison$58,060
55Shepherd And Sons Farm LLC, Rochelle$57,748
56Aylors Garage And Towing, Incorporated, Madison$57,500
57Alpice Inc, Madison$55,460
58Gentry Logging Company, Madison$54,914
59Countryside Assisted Living, LLC, Pratts$54,630
60Madison Plumbing & Electric Service Inc, Madison$54,280
61Greensward LLC, Culpeper$53,000
62Skyline Auto Restorations & Repair, Inc., Madison$51,307
63Lights By Knight Electric LLC, madison$51,100
64Madison Learning Center Incorporated, Madison$50,000
65Wolftown Mercantile Country Store, Wolftown$49,300
66Shenandoah Log Home Restoration, Aroda$48,350
67Peacheys Bakery Inc., Madison$47,617
68Cowan Roofing LLC, Madison$47,500
69Bavarian Chef, Inc, Madison$45,000
70New Frontier Bison LLC, Madison$42,982
71Dirt Poor Performance & Tools Inc., Brightwood$41,600
72Jared C. Kleine D.D.S. P.C., Madison$41,000
73Bald Top Brewing Company, Madison$40,472
74John Martin, Madison$39,548
75Va Herd Health Management Services Pc, Madison$38,655
76Bald Top Brewing Company, Madison$37,916
77Lazy Creek Farm, Inc., Madison$37,900
78Alpice Inc, madison$37,500
79Blue Ridge Auto Pros LLC, Madison$37,041
80Dirt Poor Performance And Tools Inc., Brightwood$36,500
81William W.Walls Excavating, Inc, Madison$36,300
82Allegiance Electrical Services LLC, Aroda$35,700
83Bein Hospitality LLC, Rochelle$35,196
84Coates Hay And Straw LLC, Banco$33,705
85Nick Hill Contracting, LLC, Rochelle$32,900
86Meander Inn, LLC, Locust Dale$32,799
87Virtue Solar, LLC, Madison$32,750
88Tucker Livestock, Inc., Radiant$32,580
89Robert W Smith Contractor Inc, Madison$31,686
90Miranda Durrer Davis, Madison$31,507
91Tucker Livestock Inc, Radiant$31,310
92Kleiner Konstruction Inc, Aroda$31,000
93Maloney & Yurachek P.C., Madison$30,000
94Madison Tire & Auto Center LLC, Madison$29,600
95Hochstetler Law Firm Pc, Madison$28,854
96Mad Pace Fitness LLC, Madison$28,215
97Turner Construction Of Madison, LLC, Madison$28,169
98Henshaw & Company, Inc., Oakpark$27,870
99Spicers Mill LLC, Aroda$27,400
100David Fincham, Madison$26,997

How the list is drawn

  • 100 of the 291 borrowers ranked in Madison 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 Madison 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