Springfield, VA — PPP Loan Data

Springfield, Virginia received 2,864 Paycheck Protection Program loans totaling $206.5M. The average loan in the city was $72,095 — above the national program average of approximately $67,000.

93.4% of loans in Springfield — totaling $201.1M — 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 Springfield were ROBINSON EXPORT & IMPORT CORP ($3,484,565), VAE INC ($3,429,600), and NEW AGE PROTECTION, INC ($3,269,760).

The most active industry sector in Springfield was Taxi and Limousine Service with 260 loans worth $2.6M, followed by Personal Care Services (197 loans).

Applicants in Springfield reported retaining 23,183 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.

Springfield 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.