Charlottesville, VA — PPP Loan Data

Charlottesville, Virginia received 4,079 Paycheck Protection Program loans totaling $413.4M. The average loan in the city was $101,347 — above the national program average of approximately $67,000.

97.3% of loans in Charlottesville — totaling $406.2M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Charlottesville were PETERSBURG MOTOR COMPANY, INC ($4,900,700), RED LIGHT MANAGEMENT LLC ($4,889,800), and FAULCONER CONSTRUCTION COMPANY INC ($4,288,791).

The most active industry sector in Charlottesville was Accommodation and Food Services with 374 loans worth $44.2M, followed by Personal Care Services (162 loans).

Applicants in Charlottesville reported retaining 45,648 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Charlottesville is part of Virginia, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.