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PPP loans in Avery 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 394 Paycheck Protection Program loans for businesses it recorded in Avery County, $29.5 million in all.

Avery County, as of September 30, 2024

$29.5 million
Approved
$29,515,502
0.2% of the $17.7 billion approved in North Carolina.
394
Loans
320 first draws and 74 second draws.
93.7%
Forgiven
369 of 394 loans carry a forgiveness amount, $29.2 million in all.
4.3%
Charged off
17 of 394 loans, approved for $269.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Avery County · 2020–21

1 more column on a wider screen

The largest borrowers in Avery County, 2020–21
RankNameUSD
1Crossnore School Inc, Crossnore$2.4 million
2Lees McRae College Inc, Banner Elk$1.8 million
3Linville Resorts Inc., Linville$1.5 million
4Grandfather Golf & Country Club, Linville$1.1 million
5Linville Resorts Inc., Linville$1.0 million
6Pittman Trucking Inc., Newland$666.9 thousand
7Sugar Mountain Resort Inc., Sugar Mountain$663.3 thousand
8Grandfather Mountain Stewardship Foundation Inc, Linville$469.7 thousand
8Grandfather Mountain Stewardship Foundation, Inc, Linville$469.7 thousand
10Ware, Burleson & Carpenter, Inc, Newland$385.5 thousand
11Houston Transportation Inc, Newland$361.1 thousand
12Beech Mountain Resort Inc, Beech Mountain$354.1 thousand
13H&H Express Co., Inc, Elk Park$351.9 thousand
14Wheels Contracting Inc, Newland$327.5 thousand
15Jeff Benfield Nursery, Inc, Newland$315.7 thousand
16Banner Elk Cafe & Lodge Inc., Banner Elk$303.3 thousand
17Villa Sorrento Inc., Banner Elk$289.2 thousand
18Wheels Contracting Inc, Plumtree$279.7 thousand
19G&S Trees, Inc., Elk Park$266.4 thousand
20Stonewalls Iii Inc, Banner Elk$263.1 thousand
21Rencare Solutions, Inc., Newland$242.1 thousand
22Vpc Builders LLC, Banner Elk$230.6 thousand
23Wp-Newland Health Holdings LLC, Newland$227.2 thousand
24Young Men's Christian Association Of Avery County, Inc., Linville$217.0 thousand
25Ray Smith Construction Company Inc., Linville$210.3 thousand
26Reid's Cafe & Catering, Sugar Mountain$206.9 thousand
27Banner Elk Cafe And Lodge, Inc., Sugar Mountain$206.2 thousand
28Banner's Cabinets Inc., Newland$205.7 thousand
29Artisanal LLC, Banner Elk$204.2 thousand
30Eggers Construction Co Inc, Banner Elk$200.8 thousand
31Banner's Cabinets Inc., Newland$195.9 thousand
32Villa Sorrento, Inc, Banner Elk$192.9 thousand
33Kidder Construction Inc, Banner Elk$188.1 thousand
34Stonewalls Iii Inc, Banner Elk$187.9 thousand
35Ray Smith Construction Company, Inc., Linville$185.7 thousand
36Sugar Top Resort Condominium Association, Inc., Banner Elk$182.4 thousand
37Young Men's Christian Association Of Avery County, Newland$179.3 thousand
38Hcn Petroleum Equipment Sales & Service, Inc., Newland$176.4 thousand
39Designers Choice, Inc., Banner Elk$170.1 thousand
40Triple H Services LLC, Newland$168.8 thousand
41Reid's Cafe & Catering, Banner Elk$161.0 thousand
42Avery County Nc Humane Society Inc, Newland$159.6 thousand
43Classic Stone Works, Inc., Linville$155.5 thousand
44Lee Property Investment LLC, Banner Elk$154.6 thousand
45Challenge Design Innovations Inc, Newland$148.2 thousand
46Blue Ridge Propane Inc, Newland$145.1 thousand
47The Pedalin' Pig Inc, Banner Elk$144.4 thousand
48High Country Cabinets Of Banner Elk, Inc., Banner Elk$143.8 thousand
49Triple H Services, LLC, Newland$139.5 thousand
50Brandon Blake DDS Pa, Banner Elk$138.0 thousand
51Blue Ridge Mhc LLC, Banner Elk$132.2 thousand
52New Life Fellowship Inc., Plumtree$129.0 thousand
53Pine Valley Turf Management LLC, Banner Elk$125.5 thousand
54Isley Construction Co Inc, Newland$125.0 thousand
55Tatum Galleries Inc., Banner Elk$124.4 thousand
56Avery Heating & Air Conditioning LLC, Linville$124.3 thousand
57Atlantic Reclaimed Lumber LLC, Elk Park$123.3 thousand
58Elite Electric Solutions LLC, Banner Elk$123.0 thousand
59Avery County Recapping Company, Inc., Newland$122.0 thousand
60Bayou Smokehouse Inc, Banner Elk$120.0 thousand
61High Country Home Care, Inc, Newland$118.6 thousand
62Marich Holdings LLC, Seven Devils$116.1 thousand
63John Barnette Builders LLC, Banner Elk$113.2 thousand
64Deschamps Enterprises LLC, Banner Elk$107.5 thousand
65Compassionate Hearts Home Care Agency, Newland$106.7 thousand
66The Pedalin' Pig Inc, Banner Elk$105.1 thousand
67The Pinnacle Inn Resort Owner's Association Inc, Beech Mountain$103.0 thousand
68Banner Elk Sports Inc, Banner Elk$100.3 thousand
69The Pedalin' Pig Boone Inc, Linville$99,500
70Leon Holder Company, Elk Park$99,100
71Edward Storey Construction Inc., Elk Park$98,017
72Avery Association For Exceptional Citizens, Inc., Newland$95,900
73Beech Mountain Inns LLC, Beech Mountain$95,000
74Carolina Shutter Company, Newland$93,900
75Green Leaf Services, Inc., Linville$93,400
76Jonathan A. Lindsey DDS Pa, Newland$90,142
77Bayou Smokehouse Inc, Banner Elk$87,600
78Mountain Restaurant Corp., Beech Mountain$87,500
79Mountaineer Landscaping Inc, Linville$85,900
80Ree Va, Banner Elk$84,835
81Parkway Vineyard & Winery LLC, Newland$83,200
82Marich Holdings, LLC, Seven Devils$82,900
83Carolina Barbeque Inc., Newland$82,000
83Greene & Peters Inc., Linville$82,000
85J&H Distributing, Inc., Newland$81,400
86R H Loven Company, Pineola$80,600
87Howell Construction, Inc, Newland$79,571
88Pb&J Hospitality Group LLC, Banner Elk$78,151
89Howell Construction Inc, Linville$77,083
90Mountain Apothecary, Inc., Banner Elk$76,500
91Puerto Nuevo Mexican And Seafood Restaurant Inc., Banner Elk$76,470
92Phillips Auto Parks, Newland$76,000
93Jonathan A.Lindsey D.D.S., P.A., Newland$75,700
94Highland Mapping, Inc., Banner Elk$75,420
95Thac Inc, Linville$73,980
96Hawksnest Snowtubing, Inc, Seven Devils$73,980
97Premier Pharmacy Inc., Newland$71,500
98Blue Ridge Wellness, Inc., Linville$71,035
99Dewoolfson Down International, Inc., Banner Elk$70,400
100Pittman Transfer, Inc, Newland$69,900

How the list is drawn

  • 100 of the 381 borrowers ranked in Avery 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 Avery 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