See Which Woodbridge, Dumfries Businesses Got PPP Loans

Woodbridge VA

08 July, 2020

3:32 PM

Description

WOODBRIDGE/DUMFRIES, VA — Businesses, churches and private schools affected by the coronavirus pandemic were able to apply for federal relief through the U.S. Small Business Administration and U.S. Treasury's Paycheck Protection Program (PPP). In Woodbridge and Dumfries, there were numerous organizations that received amounts in the millions. The Small Business Administration released loan-level data for loan recipients of $150,000 or more, including business names, addresses, ZIP codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amounts. The same data was also released for loan recipients below $150,000, except for business names and addresses. PPP loans were established as part of the federal government's CARES Act and are similar to grants. The loans have an interest rate of 1 percent and can be fully forgiven if used for payroll costs, interest on mortgages, rent and utilities. Businesses with loan amounts between $150,000 and $10 million account for nearly 75 percent of approved loan dollars, according to the Small Business Administration. We've made a full database of Virginia businesses that received PPP loans over $150,000. Here are the businesses in Woodbridge and Dumfries that landed PPP loans over $1 million, based on data released by the Small Business Administration. The list includes car dealerships and a YMCA that serves military service members and their families. A Catholic high school, Saint John Paul the Great Catholic High School in Dumfries, received a Paycheck Protection Program loan between $1 million and $2 million to support 113 jobs at the school. $5 million to $10 million loan Welburn Management Consulting Co. Inc., Woodbridge: 500 jobs supported$2 million to $5 million Alternative Paths Training School Inc., Dumfries: 200 jobs supportedArmed Services of YMCA of USA, Woodbridge: 443 jobs supported Cardinal Management Group Inc., Woodbridge: 148 jobs supported Greater Prince William Area Community Health, Woodbridge: 151 jobs supported Light Wave Dental Management LLC, Woodbridge: 96 jobs supported St. Michael's Inc., Woodbridge: 123 jobs supported$1 million to $2 million Alex Alternative Experts LLC, Dumfries: 123 jobs supportedArban & Carosi Inc., Woodbridge: 180 jobs supportedAzteca Contractors Inc., Woodbridge: 67 jobs supportedConcord Crossroads LLC, Dumfries: 100 jobs supportedCowles Ford Inc., Woodbridge: 115 jobs supportedFutron Incorporated, Woodbridge: 49 jobs supportedIntegrated Finance and Accounting Solutions LLC, Woodbridge: 85 jobs supportedLCS Site Service LLC, Woodbridge: 88 jobs supportedLindsay Chevrolet LLC, Woodbridge: 128 jobs supportedPowercomm Constructoin LLC, Woodbridge: 106 jobs supportedSaint John Paul the Great Catholic High School, Dumfries: 113 jobs supportedWoodbridge Nissan Corporation, Woodbridge: 60 jobs supported