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PPP loans in Catawba 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 3,535 Paycheck Protection Program loans for businesses it recorded in Catawba County, $353.4 million in all.

Catawba County, as of September 30, 2024

$353.4 million
Approved
$353,433,374
2.0% of the $17.7 billion approved in North Carolina.
3,535
Loans
2,734 first draws and 801 second draws.
95.2%
Forgiven
3,364 of 3,535 loans carry a forgiveness amount, $350.5 million in all.
3.4%
Charged off
120 of 3,535 loans, approved for $4.4 million. That is the loans' size, not what SBA lost.

The largest borrowers in Catawba County · 2020–21

The largest borrowers in Catawba County, 2020–21
RankNameUSDLoans
1Sherrill Furniture Company, Hickory$9.5 million1
2McCreary Modern Inc, Newton$8.4 million1
3Vanguard Furniture Co., Inc., Conover$5.6 million1
4Lenoir-Rhyne Univeristy, Hickory$5.0 million1
5Technibilt Ltd, Newton$4.4 million1
6Fibrix LLC, Conover$3.7 million1
7Snyder Paper Corporation, Hickory$3.7 million1
8American Roller Bearing, Hickory$3.5 million1
9Klingspor Abrasives Inc., Hickory$3.5 million1
10Carolina Anesthesia Associates P.A., Hickory$2.9 million2
11Utili-Serve, LLC, Conover$2.8 million1
12R & J Investments Of Eden Llcl, Hickory$2.6 million1
13Interstate Foam & Supply Inc, Conover$2.6 million1
14Wesley Hall, Inc, Conover$2.5 million1
15Kontane Inc, Hickory$2.3 million1
16Affinity Living Group LLC, Hickory$2.2 million1
17Shuford Yarns LLC, Hickory$2.1 million1
18Graystone Ophthalmology Associates, P.A., Hickory$2.1 million1
19Everett Chevrolet Inc, Hickory$2.0 million1
20Affinity Living Group LLC, Hickory$2.0 million1
20American Roller Bearing Company, Hickory$2.0 million1
20Shuford Yarns LLC, Hickory$2.0 million1
23Kontane Logistics Inc., Hickory$2.0 million1
24C R Laine Furniture Company Inc, Hickory$1.9 million1
25Paramount Motor Sales LLC, Hickory$1.8 million1
26Jrl Management Inc., Hickory$1.8 million1
27King Hickory Furniture Company, Hickory$1.7 million1
28Tack Automotive, LLC, Hickory$1.7 million1
29Lutheran Home - Hickory Inc., Hickory$1.6 million1
30Poppelmann Plastics Usa LLC, Claremont$1.6 million1
31Maple Springs Laundry, LLC, Hickory$1.4 million1
32Pbm Renwood Acquisition LLC, Newton$1.4 million1
33Turbocoating Corp, Hickory$1.3 million1
34Labor Connections, LLC, Conover$1.3 million1
35Labor Connections LLC, Conover$1.2 million1
36Lutheran Home - Hickory West Inc, Hickory$1.2 million1
37The Flowers Company, Hickory$1.2 million1
38Lake Electric Co Inc, Maiden$1.1 million1
39Mountain Creek Contractors, Inc, Catawba$1.1 million1
40Robert Abbey Inc., Hickory$1.1 million1
41The Mental Health Fund Inc., Hickory$1.0 million1
41The Mental Health Fund, Inc., Hickory$1.0 million1
43Ohb Inc, Hickory$1.0 million1
44Dalco Nonwovens LLC, Conover$1.0 million1
45David E. Looper & Company Inc, Hickory$993.4 thousand1
46Armstrong Ford Inc, Hickory$987.1 thousand1
47Gastroenterology Associates P.A., Hickory$978.0 thousand1
47Gastroenterology Associates Pa, Hickory$978.0 thousand1
49Dalco Nonwovens, LLC, Conover$960.1 thousand1
50Techmet Carbides, Inc., Hickory$939.1 thousand1
51Temple Inc, Maiden$899.9 thousand1
51Temple Inc., Maiden$899.9 thousand1
53Ramsey Finishing Inc, Hickory$895.6 thousand2
54Neill Grading And Construction Company Inc., Hickory$884.5 thousand1
55Design Foundry LLC, Hickory$877.9 thousand1
56Techmet Carbides Inc., Hickory$876.0 thousand1
57Mgl Partners Inc, Hickory$867.4 thousand1
58Brosis Management Of Catawba County, Inc., Conover$866.0 thousand1
59Tailored Chemical Products Inc, Hickory$865.9 thousand1
60Cabinet Solutions Usa, Inc., Hickory$859.4 thousand1
61Carolina Glove Company, Conover$856.4 thousand1
62The Charles Stewart Co., Hickory$852.7 thousand1
63Charles Stewart Properties, Hickory$852.7 thousand1
64Dynamic Air Engineering, Inc, Claremont$841.7 thousand1
65Vesco Industrial Trucks Of Hickory, Inc., Hickory$836.7 thousand1
66Matthews Construction Co Inc, Conover$834.1 thousand1
67Morgan Fire & Safety, Inc, Hickory$830.0 thousand1
68E-Z Way Auto Sales, Inc., Hickory$822.5 thousand1
69Wm C Reynolds Company Inc, Hickory$819.2 thousand2
70Signature Seating Inc., Hickory$809.5 thousand2
71Martin Starnes & Associates, Cpas, Pa, Hickory$809.2 thousand1
72Classic Leather Inc, Conover$795.5 thousand1
73Classic Leather Inc., Conover$795.5 thousand1
74Cabinet Solutions Usa Inc., Hickory$779.0 thousand1
75Carolina Ear, Nose And Throat-Sinus And Allergy Center, Pa, Hickory$773.1 thousand1
76Kleen-Tech Inc, Hickory$770.0 thousand1
77Mitchell's Services Inc, Hickory$761.7 thousand2
78Matthews Construction Company, Conover$760.1 thousand1
79Whiteside Machine & Repair Company, Inc., Claremont$757.6 thousand1
80Burke International Tours Inc, Maiden$755.8 thousand2
81Carolina Ear Nose & Throat Sinus And Allergy Center P.A., Hickory$744.9 thousand1
82Ideaitalia Contemporary Furniture Corp, Conover$735.9 thousand1
83Ohb Inc, Hickory$733.1 thousand1
84Clearwater Sales Inc, Hickory$729.4 thousand1
85Whitley Logistics, Inc., Raleigh$728.9 thousand1
86Star Snax LLC, Conover$718.3 thousand1
87Caroina Oncology Specialists Pa, Hickory$708.2 thousand1
88Flagship Brands LLC, Hickory$694.6 thousand1
89Ray Lackey Enterprises Inc, Hickory$690.1 thousand1
90Catawba Valley Fabrication Inc, Conover$689.0 thousand2
91Steele Rubber Products Inc, Denver$683.3 thousand1
92Agemark Maintenance, LLC, Hickory$678.1 thousand1
93Tailored Foam Incorporated, Hickory$665.3 thousand1
94Hav-A-Cup Coffee Service Inc., Conover$652.6 thousand2
95Innovative Anesthesia Management LLC, Hickory$652.1 thousand1
96Overnight Sofa Corporation, Hickory$651.0 thousand2
97Carpenter Decorating Company, Inc., Conover$643.9 thousand1
98Link Investment Group, LLC, Hickory$626.3 thousand1
99Cornerstone United, Inc., Hickory$626.2 thousand1
100Recycling Equipment Incorporated, Newton$624.3 thousand1

How the list is drawn

  • 100 of the 3,424 borrowers ranked in Catawba 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 Catawba 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