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PPP loans in Franklin 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 1,135 Paycheck Protection Program loans for businesses it recorded in Franklin County, $60.5 million in all.

Franklin County, as of September 30, 2024

$60.5 million
Approved
$60,542,776
0.3% of the $17.7 billion approved in North Carolina.
1,135
Loans
880 first draws and 255 second draws.
93.2%
Forgiven
1,058 of 1,135 loans carry a forgiveness amount, $58.7 million in all.
4.8%
Charged off
54 of 1,135 loans, approved for $1.1 million. That is the loans' size, not what SBA lost.

The largest borrowers in Franklin County · 2020–21

The largest borrowers in Franklin County, 2020–21
RankNameUSDLoans
1K-Flex Usa LLC., Youngsville$3.7 million1
2Majestic Marble And Glass Company, Youngsville$3.4 million1
3Infrastructure Technology Services Inc, Youngsville$3.1 million1
4Palziv North America, Inc., Louisburg$1.8 million1
5Robling Medical, Inc., Youngsville$1.8 million1
6Southern Lithoplate, Inc., Youngsville$1.4 million1
7Louisburg College Inc., Louisburg$1.1 million1
8Louisburg College, Inc., Louisburg$1.1 million1
9East Coast Drilling & Blasting, Inc., Louisburg$978.3 thousand1
10Toney Lumber Company Inc, Louisburg$551.6 thousand1
11Nc Communications Inc., Youngsville$459.9 thousand1
12North Carolina Turf Care Corp, Youngsville$433.7 thousand1
13Atlantic Coast Cabinet Distributors, Inc., Youngsville$412.5 thousand1
14Triangle Insurance & Associates, LLC, Louisburg$406.9 thousand1
15Alford Mechanical , Inc, Bunn$375.7 thousand1
16Jarco Supply LLC, Youngsville$369.7 thousand1
17White's Plumbing, LLC, Youngsville$346.3 thousand1
18Total Fire Systems Inc., Youngsville$343.6 thousand1
19David Brantley And Sons Inc, Zebulon$334.7 thousand1
20Total Fire Systems Inc, Youngsville$314.1 thousand1
21Lake Royale Property Owners Association, Louisburg$304.9 thousand1
22Youngsville Academy Charter School Inc, Youngsville$298.1 thousand1
23The Wright Company Electrical & Maintenance Services, Franklinton$287.7 thousand1
24Custom Dynamics LLC, Youngsville$286.5 thousand1
25Weatherman Hill LLC, Franklinton$277.2 thousand1
26Triangle Metalworks Inc, Youngsville$276.9 thousand2
27Eastern Corporation, Youngsville$273.5 thousand2
28Covenant Trucking Company Inc, Youngsville$257.7 thousand1
29Cade Inc., Youngsville$257.2 thousand1
30Ncb Inc, Youngsville$254.9 thousand2
31Covenant Trucking Company Inc., Youngsville$254.9 thousand1
32Cmb Construction Company LLC, Youngsville$248.7 thousand2
33Network South, Inc., Youngsville$247.1 thousand1
34Ccs Equipment Sales, LLC, Youngsville$246.7 thousand1
35Network South, Inc., Youngsville$246.4 thousand1
36Landvision Designs, Inc., Franklinton$244.1 thousand1
37Vsh# 1 LLC, Youngsville$240.6 thousand1
38Faith Baptist Church Of Youngsville, Youngsville$239.0 thousand1
39Rock Grading, LLC, Youngsville$238.1 thousand1
40Kcbo LLC, Louisburg$237.4 thousand1
41Tri South Mechanical LLC, Youngsville$236.0 thousand1
42Wester Farms Agricultural Transport LLC, Louisburg$232.9 thousand1
43L. H. Dickens & Son Inc., Louisburg$232.2 thousand1
44R W Associates Inc, Youngsville$226.9 thousand1
45Winslow Custom Homes, LLC, Youngsville$225.6 thousand1
46Stonehenge Masonry Inc, Youngsville$225.1 thousand1
47Katesville Pallet Mill Inc, Franklinton$217.8 thousand1
48L H Dickens & Son Inc, Louisburg$216.9 thousand1
49Logan Cattle Co LLC, Louisburg$214.2 thousand1
49Logan Cattle Co LLC, Louisburg$214.2 thousand1
51True Work Inc., Louisburg$213.0 thousand1
52Shaw Rv LLC, Youngsville$212.8 thousand1
53Flow-Rite Plumbing Inc, Youngsville$209.0 thousand1
54Danco Electricial Contractors Inc, Youngsville$207.9 thousand1
55Danco Electrical Contractors, Inc, Youngsville$207.9 thousand1
56Backyard Leisure LLC, Louisburg$206.0 thousand1
57Kirk Meeks And Smith Inc, Youngsville$204.7 thousand1
58Recreational Ventures, Inc, Youngsville$190.5 thousand1
59Udi Of Nc Inc, Youngsville$186.9 thousand1
60Carolina Resource Corp., Youngsville$182.0 thousand1
61East Coast Electrical Co., Youngsville$179.7 thousand1
62Carolina Resource Corporation, Youngsville$169.0 thousand1
63Kcbo Inc., Louisburg$168.4 thousand1
64East Coast Electrical Equipment Co, Youngsville$167.7 thousand1
65Jimmy D. Nelms Logging Inc., Louisburg$161.3 thousand1
66Vsh #1 LLC, Youngsville$160.5 thousand1
67Industrial And Manufacturing Solutions, Youngsville$154.3 thousand1
68Impact Healthcare Pa, Louisburg$152.7 thousand1
69Tcc Enterprises, Inc., Louisburg$152.0 thousand1
70Johnny Bulls Steakhouse LLC, Louisburg$148.9 thousand1
71William Stougaard, Youngsville$146.6 thousand1
72Franklin Veneers Inc, Franklinton$146.1 thousand1
73Griffin Ford Inc., Louisburg$145.9 thousand1
73Industrial & Manufacturing Solutions, Inc., Youngsville$145.9 thousand1
75Johnny Bull's Steakhouse LLC, Louisburg$138.6 thousand1
76Ask Cannon Catering Inc, Wake Forest$138.1 thousand2
77Southern Rigging And Erection Of Louisburg, Incorporated, Louisburg$136.3 thousand1
78Paws At Play Of Wake Forest, Youngsville$136.2 thousand1
79Bunn Heating And Air Cond Inc, Louisburg$135.4 thousand1
80White Street Brewing Company, Inc., Youngsville$131.0 thousand1
81Dr James G Hardy, Louisburg$130.9 thousand1
81Dr James G Hardy, Louisburg$130.9 thousand1
83Restaurant Specialty Repair, Inc., Franklinton$128.9 thousand1
84King's Mechanical, Inc., Youngsville$128.4 thousand1
85Piper Technologies, Inc., Youngsville$126.8 thousand1
86Whitleys Electronics Inc, Zebulon$126.2 thousand1
87Er Parker Enterprises, Bunn$125.7 thousand2
88Capital Concrete Pumping LLC, Youngsville$124.4 thousand1
89Toney Hardware Company, Louisburg$124.2 thousand1
90Restaurant Speciality Repair, Inc., Franklinton$121.8 thousand1
91Southern Living For Seniors Of Louisburg, Louisburg$121.5 thousand1
92Tri-County Gymnastics LLC, Youngsville$120.9 thousand1
92Tri-County Gymnastics LLC, Youngsville$120.9 thousand1
94Hill Ridge Farms. LLC, Youngsville$119.6 thousand1
95Hill Ridge Farms LLC, Youngsville$119.5 thousand1
96Bright Beginnings Preschool Inc, Franklinton$118.5 thousand1
97Salas Construction Group, LLC, Youngsville$116.3 thousand1
98Weatherman Hill LLC, Franklinton$116.1 thousand1
99Woodmaster Custom Cabinets Inc., Youngsville$115.5 thousand1
99Woodmaster Custom Cabinets, Inc., Youngsville$115.5 thousand1

How the list is drawn

  • 100 of the 1,055 borrowers ranked in Franklin 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. The last rank here is shared by 2 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Franklin 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