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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 $307,104. That is the loans' size, not what SBA lost.

The largest borrowers in Salem · 2020–21

1 more column on a wider screen

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$889,700
13Layman Candy Company Inc., Salem$794,000
14Hot-Z Food Marts Inc., Salem$749,087
15Hot-Z Food Marts Inc, Salem$746,300
16American National University Inc, Salem$708,900
17Hart Motor Company Inc, Salem$699,622
18Liberty Fire Solutions Inc., Salem$673,600
19Research Data Group, Inc., Salem$672,698
20Partners Too Of Virginia Ltd., Salem$662,800
21Corell Electrical Contractors Inc., Salem$569,608
21Corell Electrical Contractors, Inc., Salem$569,608
23Berglund Ford, Inc., Salem$558,200
24Kinnan Enterprises Inc, Salem$546,183
25Creative Cost Control Corp., Salem$542,800
26Liberty Fire Solutions Inc, Salem$536,810
27Thompson Masonry Contractor, Inc., Salem$533,473
28G&H Contracting Inc., Salem$522,900
29Brown And Son LLC, Salem$509,076
30Feeding America Southwest Virginia, Salem$498,100
31Helm Building Enterprises, Salem$490,130
32First Call Parts, Inc., Salem$485,000
33Snyder Nursing Home Inc, Salem$484,039
34Blue Ridge Pain Management Associates P.C., Salem$467,500
35Roanoke Valley Wine Company, Salem$466,223
36Roanoke Valley Wine Company, Salem$466,200
37R. L. Price Construction Inc, Salem$420,700
38Fas Tan Inc., Salem$415,725
38Fastan, Inc, Salem$415,725
40Blue Ridge Copier, Salem$412,690
40Blue Ridge Copier, Salem$412,690
42White Whale Enterprises LLC, Salem$393,532
43Integrated Textile Solutions, Inc, Salem$387,000
44Mac And Bob's, Salem$362,621
45Cook Siding & Window Company, Inc., Salem$361,100
46Logan Seven Foods, LLC, Salem$358,450
47Humphrey Stump & Haynie Insurance Agency Inc, Salem$342,920
48Cmd Inc., Salem$336,300
49Lakeside Baptist Church, Salem$327,000
50Bolling Steel Company, Inc., Salem$326,600
51Damon Company Of Salem, Inc., Salem$325,600
52Pinkerton Chevrolet, Inc., Salem$323,325
53Aaron J. Conner General Contractor, Inc, Salem$316,101
54Mechanical Development Company Incorporated, Salem$313,800
55Skyline Door & Hardware, Inc, Salem$312,000
56Southwest Tool Supply, Salem$300,300
57Linx Of Roanoke LLC, Salem$298,395
58McGrady-Lambert Electric Inc., Salem$296,000
59Famous Anthony's Of Salem Inc., Salem$290,715
60Fellowship Community Church Inc, Salem$286,200
61Linx Of Roanoke, LLC, Salem$285,900
62Anchor Sales And Service Inc., Salem$284,270
63Key Living Options, Inc., Salem$282,300
64Tbc Associates Ii L.C., Salem$276,700
65Salem Montessori School Inc, Salem$275,300
66American Door & Glass - Southwest Virginia, Inc., Salem$274,775
67Eagle 21 Inc., Salem$271,565
68Dental Associates PLLC, Salem$268,972
69Katch Construction Supply Company, Salem$260,045
70Mac And Bob's, Salem$259,000
71Cmd Inc, Salem$240,200
71Jayam Inc., Salem$240,200
73Virginia Varsity Transfer Inc, Salem$240,100
74Ditch Witch Of Roanoke, Inc., Salem$236,740
75Innovative Community Solutions, Inc., Salem$232,750
76Abc's Of Applied Behavior Analysis Inc., Salem$230,537
77Dental Associates PLLC, Salem$229,565
78Virginia Eastern Company LLC, Salem$226,870
79Salem Professional Baseball Club Inc, Salem$219,500
80Poarch Law Firm Pc, Salem$215,641
81Noy Noy LLC, Salem$211,869
82Salem Montessori School Inc, Salem$208,520
83Famous Anthony's Of Salem Inc, Salem$207,180
84C & J Systems LLC, Salem$206,795
85Prillaman Mechanical. Heating And A/C. Inc., Salem$203,750
86S & W Tom's Distributors, Inc., Salem$203,100
87T. C. Squared, Inc., Salem$200,700
88Eagle 21, Inc., Salem$193,975
89El Rodeo Salem Inc, Salem$190,000
90Abc's Of Applied Behavior Analysis, Inc., Salem$188,597
91Alejandros Salem, LLC, Salem$185,760
92The Poarch Law Firm, Pc, Salem$185,300
938 & 10 West Main Restaurants LLC, Salem$184,359
94Interstate Battery Systems Of Roanoke Valley Inc., Salem$180,800
95Whitt Carpet & Tile Service, Inc., Salem$180,710
96Virginia Industrial Cleaners & Equipment Co., Salem$178,100
97Routt And Associates Inc, Salem$175,000
98Dynamic Medical LLC, Salem$173,800
99Blue Ridge Diesel Injection Inc, Salem$171,900
100Jayam Inc., Salem$171,600

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.

Related

Sources

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