New N. Va. Unemployment Claims Drop — “New claims for unemployment benefits filed by Northern Virginia residents fell last week to their lowest level since pandemic-related business shutdowns began, even as thousands of area residents continue collecting unemployment.” Arlington had 352 new claims and 5,280 continuing claims. [InsideNova]
Developers ‘Double Dip’ PPP Loans — Companies affiliated with major local developers received million in PPP loans, in some cases with multiple loans backing individual properties in Arlington, D.C. and elsewhere. [Washington Business Journal]