Richmond, VA — PPP Loan Data

Richmond, Virginia received 12,191 Paycheck Protection Program loans totaling $1.13B. The average loan in the city was $92,615 — above the national program average of approximately $67,000.

90.4% of loans in Richmond — totaling $1.09B — 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 Richmond were TIMMONS GROUP, INC. ($10,000,000), ORTHOVIRGINIA INC ($10,000,000), and WOODFIN HEATING, INC. ($10,000,000).

The most active industry sector in Richmond was Personal Care Services with 898 loans worth $20.7M, followed by Accommodation and Food Services (794 loans).

Applicants in Richmond reported retaining 124,426 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.

Richmond 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.