A total of 16 loans were distributed to Ferrum, VA leading to a reported 88 jobs being retained. Based on the data, between $912,776 and $1,962,776 have been loaned through the Payroll Protection Program to businesses in Ferrum, VA.

Loan RangeNo. of LoansJobs RetainedAmount Loaned
$5-10M00 $0 - $0 View Loans
$2-5M00 $0 - $0 View Loans
$1-2M00 $0 - $0 View Loans
$350k-1M136 $350k - $1,000k View Loans
$150k-350k216 $300k - $700k View Loans
<$150k1336$262.8kView Loans
Total1688 $912.8k - $2.0M

LIST OF ALL PPP LOANS IN Ferrum, VA

LoanBusinessLocationJobs RetainedLoan ApprovedNAICS Description
$350,000-1 millionSouthern Plumbing IncFerrum, VA 24088362020-04-27Plumbing, Heating, and Air-Condi...
Business NameSouthern Plumbing IncLoan Amount$350,000-1 million
Business Address3346 DRYHILL RDJobs Retained36
City, State ZipFERRUM, VA 24088Date Approved2020-04-27
Business TypeCorporationNAICS Code238220
Race or EthnicityUnansweredNAICS DescriptionPlumbing, Heating, and Air-Conditioning Contractors
GenderUnansweredNAICS CategoryConstruction
VeteranUnansweredLenderSeacoast National Bank
Non-ProfitCongressional DistrictVA - 05
$150,000-350,000Rocky Mount Hardwoods, Inc.Ferrum, VA 24088162020-04-28Sawmills
Business NameRocky Mount Hardwoods, Inc.Loan Amount$150,000-350,000
Business Address5740 Franklin StreetJobs Retained16
City, State ZipFERRUM, VA 24088Date Approved2020-04-28
Business TypeCorporationNAICS Code321113
Race or EthnicityUnansweredNAICS DescriptionSawmills
GenderUnansweredNAICS CategoryManufacturing
VeteranUnansweredLenderCustomers Bank
Non-ProfitCongressional DistrictVA - 05
$150,000-350,000Timberland Mulch And Farms, Inc.Ferrum, VA 2408802020-04-08Farm Supplies Merchant Wholesale...
Business NameTimberland Mulch And Farms, Inc.Loan Amount$150,000-350,000
Business Address11490 FRANKLIN STJobs Retained0
City, State ZipFERRUM, VA 24088Date Approved2020-04-08
Business TypeCorporationNAICS Code424910
Race or EthnicityUnansweredNAICS DescriptionFarm Supplies Merchant Wholesalers
GenderUnansweredNAICS CategoryWholesale Trade
VeteranUnansweredLenderThe First Bank and Trust Company
Non-ProfitCongressional DistrictVA - 05
$62,000.00UndisclosedFerrum, VA 2408802020-04-10Logging
Business NameUndisclosedLoan Amount$62,000.00
Business AddressJobs Retained0
City, State ZipFERRUM, VA 24088Date Approved2020-04-10
Business TypeSole ProprietorshipNAICS Code113310
Race or EthnicityUnansweredNAICS DescriptionLogging
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderThe First Bank and Trust Company
Non-ProfitCongressional DistrictVA - 05
$59,400.00UndisclosedFerrum, VA 2408862020-04-13Wood Office Furniture Manufactur...
Business NameUndisclosedLoan Amount$59,400.00
Business AddressJobs Retained6
City, State ZipFERRUM, VA 24088Date Approved2020-04-13
Business TypeSubchapter S CorporationNAICS Code337211
Race or EthnicityUnansweredNAICS DescriptionWood Office Furniture Manufacturing
GenderUnansweredNAICS CategoryManufacturing
VeteranUnansweredLenderTruist Bank d/b/a Branch Banking & Trust Co
Non-ProfitCongressional DistrictVA - 05
$33,300.00UndisclosedFerrum, VA 2408842020-05-29Research and Development in Biot...
Business NameUndisclosedLoan Amount$33,300.00
Business AddressJobs Retained4
City, State ZipFERRUM, VA 24088Date Approved2020-05-29
Business TypeLimited Liability Company(LLC)NAICS Code541714
Race or EthnicityUnansweredNAICS DescriptionResearch and Development in Biotechnology (except Nanobiotechnology)
GenderUnansweredNAICS CategoryProfessional, Scientific, and Technical Services
VeteranUnansweredLenderCarter Bank & Trust
Non-ProfitCongressional DistrictVA - 05
$27,900.00UndisclosedFerrum, VA 2408852020-04-27Painting and Wall Covering Contr...
Business NameUndisclosedLoan Amount$27,900.00
Business AddressJobs Retained5
City, State ZipFERRUM, VA 24088Date Approved2020-04-27
Business TypeSubchapter S CorporationNAICS Code238320
Race or EthnicityUnansweredNAICS DescriptionPainting and Wall Covering Contractors
GenderUnansweredNAICS CategoryConstruction
VeteranUnansweredLenderCarter Bank & Trust
Non-ProfitCongressional DistrictVA - 05
$15,000.00UndisclosedFerrum, VA 2408812020-05-05General Automotive Repair
Business NameUndisclosedLoan Amount$15,000.00
Business AddressJobs Retained1
City, State ZipFERRUM, VA 24088Date Approved2020-05-05
Business TypeSole ProprietorshipNAICS Code811111
Race or EthnicityUnansweredNAICS DescriptionGeneral Automotive Repair
GenderUnansweredNAICS CategoryOther Services (except Public Administration)
VeteranUnansweredLenderTruist Bank d/b/a Branch Banking & Trust Co
Non-ProfitCongressional DistrictVA - 05
$11,920.00UndisclosedFerrum, VA 2408852020-05-02Gasoline Stations with Convenien...
Business NameUndisclosedLoan Amount$11,920.00
Business AddressJobs Retained5
City, State ZipFERRUM, VA 24088Date Approved2020-05-02
Business TypeCorporationNAICS Code447110
Race or EthnicityUnansweredNAICS DescriptionGasoline Stations with Convenience Stores
GenderUnansweredNAICS CategoryRetail Trade
VeteranUnansweredLenderKabbage, Inc.
Non-ProfitCongressional DistrictVA - 05
$11,500.00UndisclosedFerrum, VA 2408802020-04-04Dairy Cattle and Milk Production
Business NameUndisclosedLoan Amount$11,500.00
Business AddressJobs Retained0
City, State ZipFERRUM, VA 24088Date Approved2020-04-04
Business TypeSole ProprietorshipNAICS Code112120
Race or EthnicityWhiteNAICS DescriptionDairy Cattle and Milk Production
GenderMale OwnedNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderThe First Bank and Trust Company
Non-ProfitCongressional DistrictVA - 05
$9,046.00UndisclosedFerrum, VA 2408812020-05-22Logging
Business NameUndisclosedLoan Amount$9,046.00
Business AddressJobs Retained1
City, State ZipFERRUM, VA 24088Date Approved2020-05-22
Business TypeIndependent ContractorsNAICS Code113310
Race or EthnicityUnansweredNAICS DescriptionLogging
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderKabbage, Inc.
Non-ProfitCongressional DistrictVA - 05
$8,200.00UndisclosedFerrum, VA 2408842020-06-14Used Car Dealers
Business NameUndisclosedLoan Amount$8,200.00
Business AddressJobs Retained4
City, State ZipFERRUM, VA 24088Date Approved2020-06-14
Business TypeCorporationNAICS Code441120
Race or EthnicityUnansweredNAICS DescriptionUsed Car Dealers
GenderUnansweredNAICS CategoryRetail Trade
VeteranUnansweredLenderNewtek Small Business Finance, Inc.
Non-ProfitCongressional DistrictVA - 05
$7,982.00UndisclosedFerrum, VA 2408862020-04-30Dance Companies
Business NameUndisclosedLoan Amount$7,982.00
Business AddressJobs Retained6
City, State ZipFERRUM, VA 24088Date Approved2020-04-30
Business TypeSole ProprietorshipNAICS Code711120
Race or EthnicityUnansweredNAICS DescriptionDance Companies
GenderUnansweredNAICS CategoryArts, Entertainment, and Recreation
VeteranUnansweredLenderCustomers Bank
Non-ProfitCongressional DistrictVA - 05
$7,393.00UndisclosedFerrum, VA 2408812020-05-27General Freight Trucking, Long-D...
Business NameUndisclosedLoan Amount$7,393.00
Business AddressJobs Retained1
City, State ZipFERRUM, VA 24088Date Approved2020-05-27
Business TypeLimited Liability Company(LLC)NAICS Code484121
Race or EthnicityUnansweredNAICS DescriptionGeneral Freight Trucking, Long-Distance, Truckload
GenderUnansweredNAICS CategoryTransportation and Warehousing
VeteranUnansweredLenderKabbage, Inc.
Non-ProfitCongressional DistrictVA - 05
$5,000.00UndisclosedFerrum, VA 2408802020-04-30Painting and Wall Covering Contr...
Business NameUndisclosedLoan Amount$5,000.00
Business AddressJobs Retained0
City, State ZipFERRUM, VA 24088Date Approved2020-04-30
Business TypeSole ProprietorshipNAICS Code238320
Race or EthnicityUnansweredNAICS DescriptionPainting and Wall Covering Contractors
GenderUnansweredNAICS CategoryConstruction
VeteranUnansweredLenderAmerican National Bank and Trust Company
Non-ProfitCongressional DistrictVA - 05
$4,135.00UndisclosedFerrum, VA 2408832020-05-12Horses and Other Equine Producti...
Business NameUndisclosedLoan Amount$4,135.00
Business AddressJobs Retained3
City, State ZipFERRUM, VA 24088Date Approved2020-05-12
Business TypeLimited Liability Company(LLC)NAICS Code112920
Race or EthnicityUnansweredNAICS DescriptionHorses and Other Equine Production
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderTruist Bank d/b/a Branch Banking & Trust Co
Non-ProfitCongressional DistrictVA - 05
View All Ferrum, VA PPP Loans
CountyNo. of LoansJobs RetainedAmount Loaned
Bassett, VA53319$3.6M - $6.0M
Boones Mill, VA52122$2.7M - $4.1M
Cave Spring, VA1081$1.8M - $4.1M
Collinsville, VA52260$1.8M - $2.2M
Elliston, VA2533$2.2M - $5.4M
Ferrum, VA1688$912.8k - $2.0M
Fieldale, VA1442$566k - $566k
Floyd, VA1561,004$5.7M - $8.9M
Martinsville, VA3222,771$24.9M - $46.9M
Patrick Springs, VA1964$409.4k - $609.4k
Penhook, VA116$231.8k - $231.8k
Roanoke, VA2,05222,766$203.3M - $408.4M
Rocky Mount, VA2132,253$22.1M - $43.1M
Salem, VA5004,591$48.9M - $97.9M
Shawsville, VA15102$824.2k - $1.5M
Stanleytown, VA8160$1.0M - $2.5M
Union Hall, VA2296$1.7M - $3.1M
Vinton, VA158655$6.4M - $9.4M
Zip CodeNo. of LoansJobs RetainedAmount Loaned
2406721113$1.1M - $1.7M
240881788$2.9M - $7.0M