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PPP loans in Alexander County, North Carolina

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 468 Paycheck Protection Program loans for businesses it recorded in Alexander County, $38.9 million in all.

Alexander County, as of September 30, 2024

$38.9 million
Approved
$38,924,527
0.2% of the $17.7 billion approved in North Carolina.
468
Loans
383 first draws and 85 second draws.
94.2%
Forgiven
441 of 468 loans carry a forgiveness amount, $34.1 million in all.
3.4%
Charged off
16 of 468 loans, approved for $220.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Alexander County · 2020–21

1 more column on a wider screen

The largest borrowers in Alexander County, 2020–21
RankNameUSD
1Craftmaster Furniture, Inc, Hiddenite$4.6 million
2Westminister Nursing Center Inc, Taylorsville$2.3 million
3Huntington House Inc., Taylorsville$1.8 million
4Huntington House Inc, Taylorsville$1.8 million
5Taylor King Furntiure, Inc., Taylorsville$1.5 million
6Taylor King Furniture Inc, Taylorsville$1.5 million
7Brigette's Staffing Inc., Taylorsville$1.1 million
7Brigette's Staffing Inc., Taylorsville$1.1 million
9Paladin Industries Inc., Hiddenite$1.0 million
10Paladin Industries Inc, Hiddenite$905.0 thousand
11Royale Comfort Seating Inc, Taylorsville$716.0 thousand
12Paul Robert Chair Inc, Taylorsville$700.0 thousand
13Royale Comfort Seating Inc., Taylorsville$674.2 thousand
14Precision Materials, LLC, Taylorsville$640.0 thousand
15Precision Materials LLC, Taylorsville$509.0 thousand
16Locke-Lane Construction, Stony Point$476.9 thousand
17Etcare, Inc., Hickory$403.0 thousand
18Piedmont Composites & Tooling LLC, Taylorsville$380.4 thousand
19Hefner Reels, LLC, Taylorsville$367.4 thousand
20Market Basket Food Stores, Inc, Taylorsville$329.6 thousand
21Piedmont Composites & Tooling, LLC, Taylorsville$316.0 thousand
22Basic Finance Inc, Hiddenite$272.0 thousand
23Mid-Atlantic Wood Products, LLC, Taylorsville$251.5 thousand
24Northwestern Drug Co., Inc., Taylorsville$234.9 thousand
25Eddie's Welding, Inc., Stony Point$220.1 thousand
26Gateway Recycling Inc, Taylorsville$197.0 thousand
27Robinson Road Foods Inc., Taylorsville$190.1 thousand
28Masterfield Furniture Co Inc, Taylorsville$188.1 thousand
29Piedmont Wood Products Inc, Taylorsville$187.1 thousand
30Taylorsville House, LLC, Taylorsville$186.4 thousand
31Taylorsville House LLC, Taylorsville$182.4 thousand
32Revere Care Inc., Taylorsville$177.4 thousand
33Energyunited Water Corporation, Hiddenite$176.0 thousand
34Gateway Recycling Inc, Taylorsville$175.2 thousand
35Bvr Trucking LLC, Township of Taylorsville$173.8 thousand
36Bestway South, Inc., Stony Point$160.9 thousand
37Gar Alan Smith II, Stony Point$160.6 thousand
38Harris Manufacturing Inc, Taylorsville$158.8 thousand
38Harris Manufacturing Inc., Taylorsville$158.8 thousand
40Masterfield Furniture Co. Inc., Taylorsville$157.0 thousand
41Thomas Rider, Hickory$154.7 thousand
42Piedmont Wood Products Inc, Taylorsville$150.0 thousand
43Revere Care Inc., Taylorsville$149.8 thousand
44Daniels Woodcarving Company Inc., Taylorsville$148.9 thousand
45Davis Specialty Products Inc, Taylorsville$143.8 thousand
46G & M Sales Company Inc, Hiddenite$143.2 thousand
47G & M Sales Company Inc, Hiddenite$143.1 thousand
48Davis Specialty Products Inc, Taylorsville$139.3 thousand
49Bvr Trucking LLC, Taylorsville$139.0 thousand
50Daniels Woodcarving Co Inc, Taylorsville$138.9 thousand
51Grayhouse Farms Inc., Stony Point$136.1 thousand
52Team Hamby, Inc, Taylorsville$133.7 thousand
53Hha Retail LLC, Taylorsville$132.8 thousand
54Custom Educational Furnishings, LLC, Taylorsville$132.5 thousand
55Millersville Baptist Church Of Alexander County North Caroli, Taylorsville$130.3 thousand
56Alexander Trucking Co. Inc., Taylorsville$126.1 thousand
57Deal Orchards Inc, Taylorsville$120.3 thousand
58Alexander Trucking Co Inc, Taylorsville$116.5 thousand
59Shaun Lackey Excavating LLC, Hiddenite$116.1 thousand
60Minyard Plumbing Inc., Taylorsville$114.2 thousand
61Main Street Tire, Inc, Taylorsville$103.2 thousand
62Watts, Bumgarner, And Brown, Inc, Taylorsville$100.0 thousand
63The First Baptist Church Of Taylorsville, Inc., Township of Taylorsville$98,500
64Harbinson Brzykcy & Corbett LLP, Taylorsville$93,900
65Jose Torres Inc., Hickory$93,034
66Friendship Upholstery Company Incorporat, Taylorsville$92,890
67Friendship Upholstery Company, Incorporated, Taylorsville$92,800
68Ideal Frame Co Inc, Taylorsville$90,300
69Bethlehem Baptist Church Of Alexander County Inc, Taylorsville$85,500
70Kevin Richey, Taylorsville$84,037
71Price & Associates, CPA's PLLC, Hickory$80,800
72Community Pharmacy Of Bethlehem Inc., Hickory$80,408
73Scott S Smith DMD Pa, Taylorsville$80,283
74The Taylorsville Times, Taylorsville$80,117
75Stony Point Seafood Inc., Stony Point$79,972
76Walter Sharpe, Taylorsville$78,735
77Taylorsville Freight Service, LLC, Taylorsville$76,400
78Statesville Pallet Co., Inc., Hiddenite$73,200
79Scott S Smith DMD Pa, Huntersville$72,200
80Morning Dew Farms LLC, Taylorsville$71,300
81Fox F 4, LLC, Hiddenite$70,257
82William B Hackney DDS Pa, Taylorsville$69,900
83Atlantic Clean Fuel LLC, Taylorsville$69,888
84Hickory Cove Bible Camp, Taylorsville$69,762
85Michelle Weaver, Taylorsville$69,600
86Lakeside Plumbing Inc., Taylorsville$67,800
87Heavner Sub Systems, LLC, Taylorsville$67,705
88Bethlehem Hardware, Hickory$67,500
89Molds Of Bethlehem Inc, Hickory$66,400
90Schronce Powersports Inc, Taylorsville$65,500
91Kds Fabricating And Machine Shop LLC, Hiddenite$63,655
92Hendren Insurance Agency, Inc., Taylorsville$60,875
93Benefit Solutions, Inc, Taylorsville$60,670
94Kds Fabricating And Machine Shop LLC, Hiddenite$58,847
95Precision Logging & Chipping LLC, Taylorsville$58,800
96Land's Electric Repair, Inc, Taylorsville$57,930
97Precision Logging & Chipping LLC, Taylorsville$57,800
98Stewart Salvage & Metal Recycling LLC, Stony Point$57,300
99Stony Point Seafood, Inc., Stony Point$57,122
100Coty Smith Construction Co. LLC, Hiddenite$56,928

How the list is drawn

  • 100 of the 449 borrowers ranked in Alexander County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Alexander County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Data retrieved