Politics & Government
Where Coronavirus Paycheck Protection Loans Went In Arlington
These Arlington businesses received the largest government coronavirus loans.
ARLINGTON, VA — Nearly 5 million businesses have received more than $521 billion in loans through the Paycheck Protection Program (PPP), according to new data from the U.S. Small Business Administration and U.S. Treasury. In Virginia, organizations from consulting firms to dentists to restaurants to private schools to construction companies received PPP loans.
Businesses affected by the coronavirus pandemic were able to apply for the federal funds to help keep employees on the payroll.
Here is a searchable database of Virginia businesses that received PPP loans over $150,000.
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That money has supported 51.1 million jobs — as much as 84 percent of America's small business employees — according to the U.S. Treasury.
In Arlington, officials said six organizations received PPP loans from $5 million to $10 million:
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- Airlines Reporting Corporation
- American Diabetes Association, Inc.
- Buchanan & Edwards Inc.
- ByteCubed LLC
- Millennium Corporation
- The Hanover Research Council, LLC
In Arlington, officials said 36 organizations received PPP loans from $2 million to $5 million:
- Ace Temporaries Inc.
- Advanced Concepts and Technologies International, LLC
- American Service e Center Associates of Alexandria LLC
- American Service Center Associates, LLC
- Ardent Management Consulting, Inc.
- Aries Building Systems, LLC
- Bishop Denis J O'Connell High School
- BMT Designers & Planners
- Cambridge International Systems Inc.
- Catholic Diocese of Arlington
- Conservation Fund
- Crown Consulting Inc.
- Cydecor, Inc.
- Devtech Systems Inc.
- Dominion Electric Supply Company, Inc.
- Energix EPC US LLC
- Erickson Immigration Group PC
- Evoke Research and Consulting, LLC
- Excella Inc.
- Federated Wireless, Inc.
- Fonteva Inc.
- Fors March Group LLC
- Innovative Discovery, LLC
- International Justice Mission
- John Moriarty & Associates of Virginia, LLC
- Kaztronix LLC
- The May Group LLC
- Mission1st Group, Inc.
- Morgan Business Consulting, LLC
- Nixon & Vanderhye P.C.
- Paradigm Management, LP
- Phase2 Technology LLC
- TechnServe, Inc.
- The Student Conservation Association, Inc.
- Trout, Unlimited
- Vista Technologies, Inc.
PPP loans were established as part of the federal government's CARES Act and are similar to grants.
According to the Small Business Administration, PPP loans have an interest rate of 1 percent and can be fully forgiven if used for payroll costs, interest on mortgages, rent and utilities.
Patch editors Rich Scinto, David Copeland, and Elizabeth Janney contributed to this report
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