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PPP loans in Centre County, Pennsylvania

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,147 Paycheck Protection Program loans for businesses it recorded in Centre County, $317.2 million in all.

Centre County, as of September 30, 2024

$317.2 million
Approved
$317,224,338
1.0% of the $30.5 billion approved in Pennsylvania.
3,147
Loans
2,250 first draws and 897 second draws.
97.1%
Forgiven
3,056 of 3,147 loans carry a forgiveness amount, $314.8 million in all.
1.4%
Charged off
45 of 3,147 loans, approved for $841.1 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Centre County · 2020–21

The largest borrowers in Centre County, 2020–21
RankNameUSDLoans
1Skills Group, State College$9.4 million1
2Accuweather, Inc., State College$8.1 million1
3Best Line Leasing, Inc, State College$6.5 million1
4Restek Corporation, Bellefonte$6.0 million1
5Minitab LLC, State College$5.9 million1
6Gm McCrossin Inc., Bellefonte$3.7 million1
7Kcf Technologies Inc, State College$3.3 million1
8Univ. Orthopedics Center, Ltd., State College$2.8 million1
9Stahl Sheaffer Egineering, LLC, State College$2.6 million1
10Centre Care, Inc., Bellefonte$2.3 million1
11Centre Concrete Company, Bellefonte$2.3 million1
12Nittany Oil Company, Inc., State College$2.2 million1
13Shaner Hotel Holdings Lp, State College$2.2 million1
14Avail Technologies Inc, State College$2.1 million1
15Mission Critical Partners, LLC, Port Matilda$2.0 million1
16Avail Technologies Inc, State College$2.0 million1
16Gm McCrossin Inc., Bellefonte$2.0 million1
16Kcf Technologies Inc, State College$2.0 million1
16Shaner Hotel Holdings Lp, State College$2.0 million1
16Stahl Sheaffer Engineering LLC, State College$2.0 million1
16University Orthopedics Center Ltd, State College$2.0 million1
22McCrossin Foundations LLC, Bellefonte$1.9 million1
22McCrossin Foundations LLC, Bellefonte$1.9 million1
24Hydro Recovery Lp, State College$1.6 million2
25Pbci-Allen Mechanical & Electrical, State College$1.4 million2
26Shaner Pittsburgh Hotel Lp, State College$1.4 million1
27Energycap Inc, State College$1.3 million1
28Strawberry Fields, Inc., State College$1.3 million1
29Chemcut Holdings, LLC, State College$1.3 million1
30Mammoth Inc, Pleasant Gap$1.2 million1
31Pmg Pennsylvania, Philipsburg$1.2 million1
32Hotel S.C. LLC, State College$1.2 million1
33Allied Mechanical & Electrical Inc., State College$1.2 million1
34R. H. Marcon, Inc., State College$1.2 million1
35R. H. Marcon Inc., State College$1.2 million1
36Cannon Instrument Company, State College$1.1 million1
37Stocker Chevrolet, Inc., State College$1.1 million1
38Spectra Wood, Inc., State College$1.1 million1
39Silcotek Corporation, Bellefonte$1.1 million1
40Poole Anderson Construction, LLC, State College$1.1 million1
41The Arc Of Centre County, Pa Inc, State College$1.0 million1
42State College Friends Lp, State College$1.0 million1
43Liberty Lutheran Housing Development Corporation, State College$1.0 million1
44South Hill Secretarial School Inc, State College$995.1 thousand1
45Keystone Real Estate Group Lp, State College$985.1 thousand1
46Nittany Building Specialties Inc., Port Matilda$951.6 thousand1
47McQuaide Blasko, Inc., State College$942.6 thousand1
48Sutherland Global Logistics, LLC, State College$938.8 thousand1
49Chemcut Holdings LLC, State College$937.9 thousand1
50R. W. Bird Trucking Inc., Pleasant Gap$924.0 thousand1
51Centre Hotel Associates, State College$921.6 thousand2
52Diamondback Automotive Accessories Inc., Philipsburg$916.0 thousand1
53Nittany Building Specialties, Inc., Port Matilda$912.0 thousand1
54Plumriver, LLC, State College$899.2 thousand1
55C & D Brewing Ventures Inc., State College$895.7 thousand1
56Wardell And Associates Inc, Bellefonte$880.8 thousand1
57Joel Confer Amc Inc., State College$861.5 thousand1
58Seven Mountains Media LLC, State College$861.1 thousand1
59Ameron Construction Co., Inc., State College$857.3 thousand1
60Shaner Newport Harbor LLC, State College$828.8 thousand1
61Prima Terra Holdings LLC, State College$822.6 thousand1
62Prima Terra Holdings, LLC, State College$801.5 thousand1
63Remcom Incorporated, State College$799.6 thousand1
64Ameron Construction Co. Inc, State College$789.8 thousand1
65Hellenic Ventures Inc, State College$786.2 thousand1
66Blatek Industries Inc, State College$762.8 thousand1
67Sensor Networks, Inc., State College$757.8 thousand1
68Shaner Trade Center Hotel Associates, Lp, State College$757.5 thousand1
69Jelms Hotel Company Lp, State College$753.8 thousand1
70Disciplemakers, Inc., State College$746.2 thousand1
71State College Friends Lp, State College$738.6 thousand1
72Home Delivery Pizza, Inc., State College$737.1 thousand2
73S & A Homes, Inc., State College$736.5 thousand1
74Young Scholars Of Central Pennsylvania Charter School, State College$733.8 thousand1
75Young Mens Christian Association Of Centre, Bellefonte$728.3 thousand1
76Nittany Eye Associates Ltd LLC, State College$717.8 thousand1
77Managing General Agents, Inc, State College$717.5 thousand1
78Central Pennsylvania Homecare, LLC, State College$700.1 thousand1
79Advanced Powder Products, Inc., Philipsburg$699.9 thousand1
80Young Men's Christian Association Of Centre County, Bellefonte$693.5 thousand1
81Nittany Eye Associates Ltd., State College$687.9 thousand1
82Hotel S.C., LLC, State College$686.7 thousand1
83Agintegrated, Inc., State College$676.3 thousand1
84State College Associates Ltd, State College$676.1 thousand1
85Scotts Landscaping Inc, Centre Hall$670.0 thousand1
86C & D Brewing Ventures, Inc., State College$664.9 thousand1
87Dante's Restaurants Inc, State College$662.7 thousand1
88Piezo Kinetics, Inc, Bellefonte$656.6 thousand1
89Scotts Landscaping, Centre Hall$654.5 thousand1
90Shaner Durham LLC, State College$619.5 thousand1
91Shaner Jacksonville LLC, State College$608.8 thousand1
92Associated Property Management Inc, State College$607.3 thousand1
93Blaise Alexander, Inc, State College$602.6 thousand1
94William J. Ingram Fuels, Inc., Howard$591.2 thousand1
95Reese Hackman Engineering, Inc., State College$580.7 thousand1
96Shaner Newport Harbor LLC, State College$579.4 thousand1
97Videon Central Inc., State College$575.5 thousand1
98Videon Central, Inc., State College$570.8 thousand1
99Susquehanna Valley Professional Associates, State College$570.6 thousand1
100Hellenic Ventures, State College$561.6 thousand1

How the list is drawn

  • 100 of the 3,003 borrowers ranked in Centre 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 Centre 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