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PPP loans in Salem, Virginia

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 756 Paycheck Protection Program loans for businesses it recorded in Salem, $74.6 million in all.

Salem, as of September 30, 2024

$74.6 million
Approved
$74,619,695
0.4% of the $18.0 billion approved in Virginia.
756
Loans
604 first draws and 152 second draws.
96.7%
Forgiven
731 of 756 loans carry a forgiveness amount, $74.5 million in all.
1.7%
Charged off
13 of 756 loans, approved for $307.1 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Salem · 2020–21

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The largest borrowers in Salem, 2020–21
RankNameUSD
1Richfield Living, Salem$3.2 million
2Oak Hall Industries, L.P., Salem$2.6 million
3Vfp Inc., Salem$2.2 million
4Virginia Baptist Children's Home And Family Services, Salem$2.0 million
5Robertson Marketing Group Inc., Salem$1.8 million
6Robertson Marketing Group, Inc., Salem$1.6 million
7Blue Ridge Best Foods, Incorporated, Salem$1.5 million
8Kace Enterprises, Salem$1.5 million
9Salem Tools Inc., Salem$1.4 million
10Salem Tools, Inc., Salem$1.3 million
11Qualichem Inc., Salem$1.3 million
12Valley Anesthesia Pc, Salem$889.7 thousand
13Layman Candy Company Inc., Salem$794.0 thousand
14Hot-Z Food Marts Inc., Salem$749.1 thousand
15Hot-Z Food Marts Inc, Salem$746.3 thousand
16American National University Inc, Salem$708.9 thousand
17Hart Motor Company Inc, Salem$699.6 thousand
18Liberty Fire Solutions Inc., Salem$673.6 thousand
19Research Data Group, Inc., Salem$672.7 thousand
20Partners Too Of Virginia Ltd., Salem$662.8 thousand
21Corell Electrical Contractors Inc., Salem$569.6 thousand
21Corell Electrical Contractors, Inc., Salem$569.6 thousand
23Berglund Ford, Inc., Salem$558.2 thousand
24Kinnan Enterprises Inc, Salem$546.2 thousand
25Creative Cost Control Corp., Salem$542.8 thousand
26Liberty Fire Solutions Inc, Salem$536.8 thousand
27Thompson Masonry Contractor, Inc., Salem$533.5 thousand
28G&H Contracting Inc., Salem$522.9 thousand
29Brown And Son LLC, Salem$509.1 thousand
30Feeding America Southwest Virginia, Salem$498.1 thousand
31Helm Building Enterprises, Salem$490.1 thousand
32First Call Parts, Inc., Salem$485.0 thousand
33Snyder Nursing Home Inc, Salem$484.0 thousand
34Blue Ridge Pain Management Associates P.C., Salem$467.5 thousand
35Roanoke Valley Wine Company, Salem$466.2 thousand
36Roanoke Valley Wine Company, Salem$466.2 thousand
37R. L. Price Construction Inc, Salem$420.7 thousand
38Fas Tan Inc., Salem$415.7 thousand
38Fastan, Inc, Salem$415.7 thousand
40Blue Ridge Copier, Salem$412.7 thousand
40Blue Ridge Copier, Salem$412.7 thousand
42White Whale Enterprises LLC, Salem$393.5 thousand
43Integrated Textile Solutions, Inc, Salem$387.0 thousand
44Mac And Bob's, Salem$362.6 thousand
45Cook Siding & Window Company, Inc., Salem$361.1 thousand
46Logan Seven Foods, LLC, Salem$358.4 thousand
47Humphrey Stump & Haynie Insurance Agency Inc, Salem$342.9 thousand
48Cmd Inc., Salem$336.3 thousand
49Lakeside Baptist Church, Salem$327.0 thousand
50Bolling Steel Company, Inc., Salem$326.6 thousand
51Damon Company Of Salem, Inc., Salem$325.6 thousand
52Pinkerton Chevrolet, Inc., Salem$323.3 thousand
53Aaron J. Conner General Contractor, Inc, Salem$316.1 thousand
54Mechanical Development Company Incorporated, Salem$313.8 thousand
55Skyline Door & Hardware, Inc, Salem$312.0 thousand
56Southwest Tool Supply, Salem$300.3 thousand
57Linx Of Roanoke LLC, Salem$298.4 thousand
58McGrady-Lambert Electric Inc., Salem$296.0 thousand
59Famous Anthony's Of Salem Inc., Salem$290.7 thousand
60Fellowship Community Church Inc, Salem$286.2 thousand
61Linx Of Roanoke, LLC, Salem$285.9 thousand
62Anchor Sales And Service Inc., Salem$284.3 thousand
63Key Living Options, Inc., Salem$282.3 thousand
64Tbc Associates Ii L.C., Salem$276.7 thousand
65Salem Montessori School Inc, Salem$275.3 thousand
66American Door & Glass - Southwest Virginia, Inc., Salem$274.8 thousand
67Eagle 21 Inc., Salem$271.6 thousand
68Dental Associates PLLC, Salem$269.0 thousand
69Katch Construction Supply Company, Salem$260.0 thousand
70Mac And Bob's, Salem$259.0 thousand
71Cmd Inc, Salem$240.2 thousand
71Jayam Inc., Salem$240.2 thousand
73Virginia Varsity Transfer Inc, Salem$240.1 thousand
74Ditch Witch Of Roanoke, Inc., Salem$236.7 thousand
75Innovative Community Solutions, Inc., Salem$232.8 thousand
76Abc's Of Applied Behavior Analysis Inc., Salem$230.5 thousand
77Dental Associates PLLC, Salem$229.6 thousand
78Virginia Eastern Company LLC, Salem$226.9 thousand
79Salem Professional Baseball Club Inc, Salem$219.5 thousand
80Poarch Law Firm Pc, Salem$215.6 thousand
81Noy Noy LLC, Salem$211.9 thousand
82Salem Montessori School Inc, Salem$208.5 thousand
83Famous Anthony's Of Salem Inc, Salem$207.2 thousand
84C & J Systems LLC, Salem$206.8 thousand
85Prillaman Mechanical. Heating And A/C. Inc., Salem$203.8 thousand
86S & W Tom's Distributors, Inc., Salem$203.1 thousand
87T. C. Squared, Inc., Salem$200.7 thousand
88Eagle 21, Inc., Salem$194.0 thousand
89El Rodeo Salem Inc, Salem$190.0 thousand
90Abc's Of Applied Behavior Analysis, Inc., Salem$188.6 thousand
91Alejandros Salem, LLC, Salem$185.8 thousand
92The Poarch Law Firm, Pc, Salem$185.3 thousand
938 & 10 West Main Restaurants LLC, Salem$184.4 thousand
94Interstate Battery Systems Of Roanoke Valley Inc., Salem$180.8 thousand
95Whitt Carpet & Tile Service, Inc., Salem$180.7 thousand
96Virginia Industrial Cleaners & Equipment Co., Salem$178.1 thousand
97Routt And Associates Inc, Salem$175.0 thousand
98Dynamic Medical LLC, Salem$173.8 thousand
99Blue Ridge Diesel Injection Inc, Salem$171.9 thousand
100Jayam Inc., Salem$171.6 thousand

How the list is drawn

  • 100 of the 731 borrowers ranked in Salem 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 Salem. 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