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PPP loans in Cleveland 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 1,788 Paycheck Protection Program loans for businesses it recorded in Cleveland County, $114.2 million in all.

Cleveland County, as of September 30, 2024

$114.2 million
Approved
$114,204,783
0.6% of the $17.7 billion approved in North Carolina.
1,788
Loans
1,419 first draws and 369 second draws.
91.7%
Forgiven
1,639 of 1,788 loans carry a forgiveness amount, $111.7 million in all.
6.0%
Charged off
107 of 1,788 loans, approved for $1.8 million. That is the loans' size, not what SBA lost.

The largest borrowers in Cleveland County · 2020–21

The largest borrowers in Cleveland County, 2020–21
RankNameUSDLoans
1Buckeye Fire Equipment Company, Kings Mountain$3,526,4001
2Kings Plush Inc., Kings Mountain$3,248,0001
3Ck Contractors & Development, LLC, Kings Mountain$2,400,0001
4B & W Fiber Glass, Inc., Shelby$1,951,4171
5Lns Turbo, Inc, Kings Mountain$1,812,2001
6Maco, Inc., Shelby$1,711,3772
7B & W Fiber Glass Inc., Shelby$1,526,5071
8Casco International, Inc., Shelby$1,470,5001
9If Armor International, LLC, Shelby$1,366,1001
10Shelby Personnel Services Unlimited Inc, Shelby$1,296,3001
11Kerns Trucking Inc, Grover$1,288,6001
12Southco Industries Inc, Shelby$1,033,4001
13Mary B Turner Trucking Company LLC, Boiling Springs$1,007,2001
14Weldcote Metals Inc, Kings Mountain$988,0102
15Piedmont Staff LLC, Mooresboro$981,5731
16Pioneer Motor Bearing Company, Kings Mountain$910,1451
17Industrial Maintenance & Automation, Inc., Shelby$902,2401
18Pioneer Motor Bearing Company, Kings Mountain$867,8001
19Safety Test & Equipment Company, Inc., Shelby$819,9731
20Shelby Personnel Services Unlimited Inc, Shelby$793,2111
21Servo South Inc, Shelby$776,7502
22Kings Mountain Internationl Inc, Kings Mountain$773,6021
23Kings Mountain International Inc, Kings Mountain$759,6601
24Machine Builders And Design Inc, Shelby$751,5121
25Archway Services Inc, Shelby$700,0001
26Dixie Lawn Service, Inc., Kings Mountain$674,6701
27Shelby Medical Associates, P.A., Shelby$672,5001
28Cleveland Yutaka Corporation, Shelby$650,0001
29Walker Woodworking, Inc., Shelby$599,2992
30Century Care Of Shelby, Inc., Shelby$575,2201
31Cp Metal Crafters Inc, Grover$562,9001
32Webb Chemical & Paper Co., Inc., Shelby$520,3001
33Plastic Products, Inc, Kings Mountain$519,6461
34Twc Inc, Shelby$519,0062
35Riddley Retail Fixtures, Inc., Kings Mountain$493,0921
36Shelby Motors LLC, Shelby$490,3871
37Cleveland County Family Young Men's Christian Association In, Shelby$490,0001
38Boomerang Design P.A., Shelby$487,1451
39C&C Scrap Iron & Metal, Kings Mountain$473,7001
40Uniquetex LLC, Grover$463,8001
41Riddley Retail Fixtures Inc., Kings Mountain$455,7221
42B Holding Inc., Kings Mountain$449,6652
43Millenium Automotive Logistics Inc, Shelby$432,9001
44Cleveland County Family Young Mens Chris, Shelby$432,2401
45C & C Scrap Iron And Metal Inc, Kings Mountain$427,9951
46Nelon-Cole Termite & Pest Control L.L.C., Shelby$425,2531
47Hmbc, Inc., Shelby$399,9011
48Cleco Primary Care Network, Shelby$393,4001
49Asphalt Paving Of Shelby Inc., Kings Mountain$378,1111
50Asphalt Paving Of Shelby, Inc., Shelby$378,1101
51Carter Chevrolet Inc, Shelby$377,3101
52Life Enrichment Center Of Cleveland County Inc., Shelby$376,5001
53Hmbc Inc, Shelby$376,2211
54Fundamental Beverages, LLC, Grover$375,7001
55W & B Trucking Inc, Kings Mountain$375,5001
56Boomerang Design P.A., Shelby$375,0001
57American Safety Utility Corp, Shelby$372,1001
58Brenton L. Young Dds And Pauline E Cahill Dds, Pa, Shelby$366,5391
59Kings Mountain National Carriers Inc., Kings Mountain$359,4911
60Campers Inn Of Kings Mountain Inc, Kings Mountain$356,2371
61Lafayette Cafe Inc, Shelby$352,6841
62Carter Chevrolet Inc., Shelby$347,6001
63C.A. Foy Machine Co., Kings Mountain$344,5101
64Dream Automotive LLC, Shelby$343,0551
65Dixie Farm Sales, Inc., Kings Mountain$342,9201
66Tree Of The Life Construction Inc, Kings Mountain$339,6001
67C & C Precision Machine Inc, Kings Mountain$336,8001
68Maxwell B. Hamrick Insurance Agency, Inc., Boiling Springs$330,2001
69Shelby Radiological Assoc Pa, Shelby$322,3001
70Cleveland Vocational Industries Inc, Shelby$320,5301
71Sewell Contractors Inc., Shelby$320,1831
72Cleveland Vocational Industries Inc., Shelby$317,8001
73Hoke Enterprises, Inc, Grover$314,6001
74Shelby Eye Centers Pa, Shelby$308,3702
75Cleveland County Auto Brokers Inc, Shelby$296,2001
76Dm&E Corporation, Shelby$294,9851
77Printing & Packaging, Incorporated, Shelby$292,2581
78Piedmont Components Of Shelby LLC, Shelby$290,7941
79George & Dest Dds PLLC, Kings Mountain$269,8722
80Piedmont Components Of Shelby LLC, Shelby$269,6001
81Cleveland Lumber Company Inc, Shelby$263,6001
82Rafters And Walls LLC, Shelby$261,3271
83Life Enrichment Center Of Cleveland Coun, Shelby$248,4521
84Teddy Meekins & Talbert PLLC, Shelby$246,6281
85Pleasant City Wood Fired Grille Inc, Shelby$245,0351
86J Morgan Company, Shelby$243,1001
87Lutz-Craver Karner & Associates Pa, Shelby$241,4551
87Lutz-Craver, Karner And Associates, P.A., Shelby$241,4551
89Modern Densifying Inc, Shelby$240,6001
90Lafayette Cafe, Shelby$235,8001
91Two Brothers Utilities LLC, Shelby$231,2251
92Stevens Interiors Inc., Kings Mountain$229,6642
93Hord Services, Inc., Kings Mountain$229,4851
94Center Street Tavern Of Km Inc., Kings Mountain$229,0031
95Cajara LLC, Shelby$226,9361
96Pleasant City Wood Fired Grille Inc, Shelby$221,9001
97Billy Cook Trucking, Inc., Lawndale$221,1001
98Nephrology Associates Of The Carolinas Pa, Shelby$220,4231
99First Baptist Church Of Shelby N.C., Shelby$216,8001
100Concrete Specialty Contractors Inc, Shelby$216,4431

How the list is drawn

  • 100 of the 1,665 borrowers ranked in Cleveland 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 Cleveland 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