Newport news, VA — PPP Loan Data
4,179 loans · $291.8M total · 88.0% forgiven
Newport news, Virginia received 4,179 Paycheck Protection Program loans totaling $291.8M. The average loan in the city was $69,820 — above the national program average of approximately $67,000.
88.0% of loans in Newport news — totaling $281.0M — 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 Newport news were TIDEWATER PHYSICIANS MULTISPECIALTY GROUP, P.C. ($10,000,000), PBMARES, LLP ($5,570,800), and W. M. JORDAN COMPANY, INC. ($5,470,100).
The most active industry sector in Newport news was Personal Care Services with 394 loans worth $6.4M, followed by Accommodation and Food Services (216 loans).
Applicants in Newport news reported retaining 35,718 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.
Newport news 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.
Top Industries in Newport news
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Personal Care ServicesNAICS 8121 | 394 | $6.4M | 79.7% |
| Accommodation and Food ServicesNAICS 7225 | 216 | $17.7M | 96.8% |
| Services to Buildings and DwellingsNAICS 5617 | 186 | $6.7M | 84.4% |
| Residential Building ConstructionNAICS 2361 | 121 | $4.0M | 86.0% |
| General Freight TruckingNAICS 4841 | 112 | $2.2M | 86.6% |
| Other Miscellaneous RetailersNAICS 4539 | 103 | $2.9M | 89.3% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 100 | $3.8M | 98.0% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 98 | $5.5M | 85.7% |
| Religious OrganizationsNAICS 8131 | 97 | $4.5M | 93.8% |
| Other Personal ServicesNAICS 8129 | 96 | $1.8M | 87.5% |
Largest Named Recipients in Newport news
Only loans ≥ $150,000 have publicly disclosed borrower names.