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PPP loans in Iredell 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 4,677 Paycheck Protection Program loans for businesses it recorded in Iredell County, $353.1 million in all.

Iredell County, as of September 30, 2024

$353.1 million
Approved
$353,051,178
2.0% of the $17.7 billion approved in North Carolina.
4,677
Loans
3,595 first draws and 1,082 second draws.
93.7%
Forgiven
4,381 of 4,677 loans carry a forgiveness amount, $343.6 million in all.
4.6%
Charged off
217 of 4,677 loans, approved for $7.1 million. That is the loans' size, not what SBA lost.

The largest borrowers in Iredell County · 2020–21

1 more column on a wider screen

The largest borrowers in Iredell County, 2020–21
RankNameUSD
1Structure Medical LLC, Mooresville$5.3 million
2Corvid Technologies, Inc., Mooresvlille$4.6 million
3American Merchandising Specialists, Inc, Mooresville$4.3 million
4Roush & Yates Racing Engines LLC, Mooresville$3.2 million
5Bridgetree LLC, Mooresville$3.2 million
6Combs Construction Company Inc, Mooresville$3.0 million
7Randy Marion Chevrolet Buick Cadillac, LLC, Mooresville$2.7 million
8Michael Weinig Incorporated, Mooresville$2.7 million
9Sunenergy1, LLC, Mooresville$2.5 million
10Lake Norman Security Patrol, Inc., Statesville$2.3 million
11C.R. Onsrud Inc, Troutman$2.3 million
12Amv Holdings, LLC, Mooresville$2.3 million
13Pneu Mech Systems Manufacturing Inc, Statesville$2.2 million
14Claremont Restaurant Group LLC, Mooresville$2.0 million
14Combs Construction Company Inc, Mooresville$2.0 million
16Powerworks Electric, LLC, Mooresville$2.0 million
17Hunter Construction Group Inc, Mooresville$2.0 million
17Hunter Construction Group Inc, Mooresville$2.0 million
19Amv Holdings LLC, Mooresville$1.9 million
20J.C. Steele & Sons, Inc, Statesville$1.8 million
21Professional Security Solutions LLC, Mooresville$1.7 million
22Chesapeake Containment Systems, Inc., Statesville$1.7 million
23R. E. Burns & Sons Co. Inc., Statesville$1.6 million
24Hospice Of Iredell County, Inc., Statesville$1.6 million
25Accuma Corporation, Statesville$1.5 million
26Thor-Lo Inc, Statesville$1.5 million
27M-Spex, LLC, Mooresville$1.5 million
28Fibreworks Composites LLC, Mooresville$1.4 million
29Raymer Oil Company, Inc, Troutman$1.4 million
30M-Spex LLC, Mooresville$1.4 million
31Amiad Usa Inc, Mooresville$1.3 million
32Autec Inc, Statesville$1.3 million
33Jr Motorsports LLC, Mooresville$1.3 million
34Gordon Recyclers, Inc., Statesville$1.2 million
35Gordon Recyclers Inc, Statesville$1.2 million
36Demandzen LLC, Troutman$1.2 million
37Cutting Systems Inc, Union Grove$1.1 million
38Midan Marketing, LLC, Mooresville$1.1 million
39Randy Marion Chevrolet Of Statesville, LLC, Mooresville$1.1 million
40Performance Fire Protection LLC, Mooresville$1.1 million
41Randy Marion Ford Lincoln, LLC, Mooresville$1.1 million
42Done Right Merchandising Inc, Mooresville$1.1 million
43Thorneburg Hosiery Mills Inc., Statesville$1.1 million
44Iomax Usa, Inc., Mooresville$1.1 million
45Lyon Services Corporation, Mooresville$1.1 million
46Champion Media LLC, Mooresville$1.0 million
47McCombs Steel Co Inc, Statesville$1.0 million
48Dane Construction, Inc., Mooresville$1.0 million
49Pine Lake Preparatory, Inc., Mooresville$988.4 thousand
50Iomax Usa Inc., Mooresville$987.6 thousand
51Speedball Art Products Co., L.L.C., Statesville$984.5 thousand
52Benfield Sanitation Services Inc., Statesville$980.5 thousand
53Rental Uniform Service Of Statesville Inc, Statesville$971.8 thousand
54Scsa/Sri Fornelli, Inc., Mooresville$968.4 thousand
55Mooresville Ford Mercury, Inc., Moorseville$964.1 thousand
56Stein 5 LLC, Mooresville$960.8 thousand
57M. Neader Management Inc, Statesville$939.9 thousand
58Kyle Busch Motorsports, Inc., Mooresville$932.0 thousand
59Kooks Custom Headers Inc., Statesville$921.6 thousand
60G. L. Wilson Building Company, Statesville$889.8 thousand
61Randy Marion Incorporated, Mooresville$886.0 thousand
62Grp Asset Management LLC, Mooresville$858.7 thousand
63Flow Motors Of Statesville, LLC, Statesville$858.2 thousand
64Energyunited Propane LLC, Statesville$856.4 thousand
65Flynn Burner Corporation, Mooresville$844.4 thousand
66Anatolia Stone & Tile (Usa) Inc., Mooresville$835.7 thousand
67Country Boy Landscaping, Inc., Harmony$833.5 thousand
68Debotech Incorporated, Troutman$828.9 thousand
69Country Boy Landscaping Inc., Harmony$820.4 thousand
70Dale Earnhardt Inc, Mooresville$811.8 thousand
71Weber Screwdriving Systems Inc, Mooresville$808.5 thousand
72Tristone Flowtech Usa Inc., Mooresville$808.3 thousand
73Jms Southeast Inc, Statesville$804.9 thousand
74Audpractice Group, LLC, Mooresville$793.0 thousand
75Audpractice Group LLC, Mooresville$793.0 thousand
76Gates Construction Company, Inc., Mooresville$786.1 thousand
77Avant Publications, LLC, Mooresville$782.0 thousand
78Champion Media, LLC, Mooresville$776.3 thousand
79Dry Tech Commercial Roofing Services Inc, Troutman$771.0 thousand
80Plastiflex North Carolina LLC, Statesville$750.0 thousand
81Team Dgr LLC, Mooresville$742.1 thousand
82Avant Publications LLC, Mooresville$736.1 thousand
83Speedball Art Products Co. L.L.C., Statesville$733.7 thousand
841St Choice Construction Management LLC, Mooresville$725.9 thousand
85Abt Inc, Troutman$725.6 thousand
86Dale Earnhardt Inc, Mooresville$718.3 thousand
87E. F. Belk & Son Inc., Mooresville$717.0 thousand
88Emerging Technology Support, LLC, Mooresville$710.3 thousand
89Greentouch Usa Inc, Mooresville$710.0 thousand
90Duckworth's Cheesesteakery #3100 LLC, Mooresville$698.4 thousand
91Steven Andiloro, Mooresville$697.5 thousand
92Statesville Brick Company, Statesville$677.5 thousand
93Dane Construction Inc., Mooresville$669.3 thousand
94Dgr-Crosley LLC, Mooresville$640.2 thousand
95A S Management Inc, Mooresville$638.7 thousand
96The Cove Church Inc, Mooresville$629.5 thousand
97Lake Norman Anesthesia, Mooresville$617.0 thousand
97Lake Norman Anesthesia Associates Pa, Mooresville$617.0 thousand
99Grp Asset Management, LLC, Mooresville$613.3 thousand
100Weber Screwdriving Systems, Mooresville$612.8 thousand

How the list is drawn

  • 100 of the 4,450 borrowers ranked in Iredell 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 Iredell 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