The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 23837
| Name of Borrower | Current Approved Amount |
|---|---|
| On Time Staffing | $1,013,190 |
| Southampton Academy | $516,900 |
| Burgess Trucking Company, Inc. | $404,200 |
| Randall Page, PC | $229,800 |
| Jerry D. Rose, Inc. | $227,100 |
| The Peanut Patch, Inc. | $220,400 |
| Chip Transit, Inc. | $183,900 |
| Southeast Fiber Supply, Inc. | $150,200 |
| Southampton Cutting Industry | $138,600 |
| Rawlings Mechanical Corporation | $128,800 |
| C. W. Moore and Sons, LLC | $105,600 |
| Gray and Sons Construction, Inc. | $91,555 |
| Davis Logging of Virginia, Inc. | $58,900 |
| Railey and Railey, PC | $51,000 |
| Davis Trucking, Inc. | $50,100 |
| Davis Farming, LLC | $43,200 |
| The Garden Spot, LLC | $39,700 |
| Palm Tree INN, LLC | $39,600 |
| Virginia Peanuts, Inc. | $38,500 |
| Edwards Hardware, Inc. | $29,900 |
| Linda P. Artis Company | $29,300 |
| A P Gary, Inc. | $28,400 |
| Jonathan D. Gibbs | $28,300 |
| Nottoway House, Inc. | $22,900 |
| Bradshaw Equipment Repair | $22,302 |
| Rashona Seabon | $20,833 |
| Pittman Farms, LLC | $20,800 |
| Plank Road Farms, LLC | $20,614 |
| T & A Repairs, LLC | $19,400 |
| East Side Rides, LLC | $18,018 |
| Heikens Well, Inc. | $16,400 |
| Giosafat, LLC | $16,100 |
| New Horizon Services, Inc. | $14,500 |
| S. V. Camp III & Associates, Inc. | $14,400 |
| Courtland Auto Repair, LLC | $14,100 |
| Southern VA Forest Products, LLC | $14,000 |
| Farmers Market, LLC | $13,500 |
| Laxmi VA Corporation | $12,600 |
| Doxey Firearms, LLC | $12,300 |
| Nicholson Auto Parts, Inc. | $12,000 |
| Rickman Painting, LLC | $11,500 |
| Wesley Barns Farms | $8,500 |
| Scott W. Camp | $7,490 |
| Zion Southampton Ame Zion Church | $7,100 |
| Ibo Rakan, Inc. | $6,765 |
| Carol Fox | $6,000 |
| Simmons Brothers Partnership | $6,000 |
| G3 K9, LLC | $5,200 |
| Courtland Hospitality, LLC | $5,000 |
| Paul Britt | $4,875 |
| Kurt Evans | $3,690 |
| James Dorn | $2,552 |
Alerts Sign-up