Skip to content

PPP loans in Burke 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 1,128 Paycheck Protection Program loans for businesses it recorded in Burke County, $104.8 million in all.

Burke County, as of September 30, 2024

$104.8 million
Approved
$104,824,815
0.6% of the $17.7 billion approved in North Carolina.
1,128
Loans
891 first draws and 237 second draws.
93.1%
Forgiven
1,050 of 1,128 loans carry a forgiveness amount, $100.1 million in all.
5.1%
Charged off
57 of 1,128 loans, approved for $861.5 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Burke County · 2020–21

1 more column on a wider screen

The largest borrowers in Burke County, 2020–21
RankNameUSD
1Cv Industries, Inc., Valdese$8.6 million
2Baker Interiors Furniture Company, Connelly Springs$4.0 million
3Blue Ridge Healthcare Medical Group Inc, Morganton$3.0 million
4Fulenwider Enterprises, Inc., Morganton$3.0 million
5Kellex Corporation Inc, Valdese$2.9 million
6Em Squared LLC, Morganton$2.7 million
7Phoenix Taco LLC, Morganton$2.7 million
8Kellex Corporation, Valdese$2.0 million
9Morganton Eye Physicians, P.A., Morganton$1.9 million
10Ferguson Copeland LLC, Morganton$1.7 million
11Ferguson Copeland, LLC, Morganton$1.6 million
12E. J. Victor Inc., Morganton$1.5 million
13E. J. Victor, Inc., Morganton$1.5 million
14Catawba Valley Staffing Inc, Valdese$1.5 million
15Mountain Emergency Physicians Pa, Valdese$1.5 million
16Aquafil Omara, Rutherford College$1.3 million
17James Tool Machine & Engineering Inc., Morganton$1.3 million
17James Tool Machine & Engineering, Inc, Morganton$1.3 million
19A Caring Alternative LLC, Morganton$1.2 million
20West Carolina Freightliner LLC, Connelly Springs$1.1 million
21Acedeuce 2 LLC, Morganton$942.0 thousand
22Spartacraft Inc., Connelly Springs$862.3 thousand
23Catawba Valley Brewing Company, Morganton$791.6 thousand
24Burke Hospice And Palliative Care Inc, Valdese$757.5 thousand
25Burke Primary Care, Morganton$749.5 thousand
26Grace Lifecare Inc, Morganton$720.8 thousand
27Southmountain Children And Family Services, Morganton$701.2 thousand
28Toner Maching Technologies Inc., Morganton$691.5 thousand
29Toner Maching Technologies Inc., Morganton$691.5 thousand
30Triangle Contractors Inc., Morganton$634.8 thousand
31Contour Enterprises LLC, Hildebran$630.7 thousand
32Marves Industries Inc, Hildebran$621.2 thousand
33Contour Enterprises, Hildebran$613.7 thousand
34Mountain View Pediatrics Pa, Morganton$591.7 thousand
35Everett Chevrolet Buick Gmc Of Morganton LLC, Morganton$566.3 thousand
36Emery Corporation, Morganton$525.3 thousand
37Maynard Electric Company, LLC., Morganton$508.9 thousand
38Ce Foamsolutions LLC, Valdese$503.0 thousand
39Maynard Electric Company, Morganton$473.4 thousand
40Smart Electric Company, Inc., Connelly Springs$450.6 thousand
41Hairfield Vault Companies, Inc., Valdese$423.1 thousand
42The Laviz Group Inc., Morganton$421.9 thousand
43Piedmont Corrugated Specialty Company, Valdese$419.2 thousand
44Parker Industries Inc., Connelly Springs$417.1 thousand
45Sonocare, L.L.C, Morganton$409.1 thousand
46Paramount Ford, Valdese$402.2 thousand
47High Definition Tooling LLC, Connelly Springs$386.8 thousand
47W.M. Cramer Lumber Co., Inc., Connelly Springs$386.8 thousand
49Piedmont Corrugated Specialty Company, Valdese$379.6 thousand
50Feduke Motor Company LLC, Morganton$366.6 thousand
51Sonocare L.L.C, Morganton$359.6 thousand
52Zro Delta, LLC, Connelly Springs$312.8 thousand
53Delta Protection Agency LLC, Morganton$302.8 thousand
54Fitzgerald Nursery Inc, Morganton$296.7 thousand
55Elk Products Inc, Connelly Springs$286.8 thousand
56Scott W Murphy DMD Pa, Morganton$284.6 thousand
57Fitzgerald Nursery Inc., Morganton$280.1 thousand
58Valdese Packaging & Label Inc., Valdese$279.3 thousand
59Iem Electric Inc, Hickory$279.0 thousand
60Baron Thomas DMD PLLC, Morganton$274.7 thousand
61De Feet International, Inc., Hildebran$269.9 thousand
62Master Workholding Of Ga, Inc., Morganton$261.6 thousand
63Scott W. Murphy D.M.D. P.A., Morganton$257.8 thousand
64Bill's Repair Shop Inc, hildebran$248.4 thousand
65Skelly Inc., Morganton$247.9 thousand
66Jmg, LLC, Morganton$243.9 thousand
67Nicholas Thomas D.M.D. P.A., Morganton$236.1 thousand
68Jmg LLC, Morganton$230.5 thousand
69Subway Morganton Inc, Morganton$229.0 thousand
70Connelly Springs Electric Inc., Connellys Springs$223.8 thousand
71R&D Plastics Of Hickory Ltd, Hickory$222.6 thousand
72Smith Miller Buff CPA Pa, Morganton$222.1 thousand
73Jack B, Inc., Valdese$220.9 thousand
74John Greene Chrysler Dodge Jeep LLC, Morganton$214.3 thousand
75David C. Small DDS, Ms, Pa, Morganton$213.6 thousand
76Hildebran Medical Clinic LLC, Hildebran$203.3 thousand
77Burke Veneers, Inc., Morganton$203.2 thousand
78Creative Beginnings, L.L.C., Morganton$197.5 thousand
79Valdese Packaging & Label Inc., Valdese$191.7 thousand
80Legend Data Systems Inc., Morganton$189.9 thousand
81North 40 Nursery Inc, Morganton$187.7 thousand
82Sunnyside Textiles LLC, Hickory$184.8 thousand
83T Distribution Of Nc Inc., Morganton$179.5 thousand
84Huitt Mills Inc, Hildebran$175.5 thousand
84T Distribution Of North Carolina Inc, Morganton$175.5 thousand
86All About Doors, LLC, Morganton$174.9 thousand
87Handi - Care Inc, Drexel$173.9 thousand
88Legend Data Systems Inc., Morganton$172.7 thousand
89Perkins Heating & Air Inc., Morganton$172.1 thousand
90Kimberly L Gragg DDS Ms PLLC, Morganton$171.0 thousand
91Signa Hospitality Group LLC, Morganton$167.5 thousand
92Sossoman Funeral Home Inc, Morganton$166.2 thousand
93Subway Morgantown Inc, Morganton$165.0 thousand
94Bristol Industries Inc., Morganton$163.3 thousand
95Norell Inc, Morganton$162.6 thousand
95Norell, Inc., Morganton$162.6 thousand
97Foothills Mairne, Morganton$156.4 thousand
98Bridgeway Solutions Inc., Morganton$153.8 thousand
99Drew Investment Group, MOrgantown$152.1 thousand
100Appalachian Naturescapes, Inc., Morganton$149.5 thousand

How the list is drawn

  • 100 of the 1,080 borrowers ranked in Burke 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 Burke 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