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PPP loans in Lincoln 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 1,663 Paycheck Protection Program loans for businesses it recorded in Lincoln County, $103.6 million in all.

Lincoln County, as of September 30, 2024

$103.6 million
Approved
$103,563,580
0.6% of the $17.7 billion approved in North Carolina.
1,663
Loans
1,292 first draws and 371 second draws.
93.6%
Forgiven
1,557 of 1,663 loans carry a forgiveness amount, $101.5 million in all.
3.9%
Charged off
65 of 1,663 loans, approved for $925.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Lincoln County · 2020–21

1 more column on a wider screen

The largest borrowers in Lincoln County, 2020–21
RankNameUSD
1Air T, Inc., Denver$8.2 million
2Wireway/Husky Corp., Denver$4.4 million
3Drs. Farrell, Farrell, Nale, Cook, Kapitan, Mohamed, Franco,, Denver$1.7 million
4Active Concepts, LLC, Lincolnton$1.6 million
5Earnhardt Grading Inc., Stanley$1.4 million
6Tenowo, Lincolnton$1.3 million
7Tree Brand Packaging Inc, Denver$1.2 million
8Leonard Automatics, Inc., Denver$1.2 million
9Monroe Roadways Contractors Inc., Denver$1.0 million
10Monroe Roadways Contractors, Inc., Denver$1.0 million
11Kaco Usa Inc., Lincolnton$947.9 thousand
12Kuthan Enterprises Inc, Cornelius$884.3 thousand
13Times Oil Corporation, Lincolnton$869.8 thousand
14Lakeside Project Solutions LLC, Denver$739.8 thousand
14Lakeside Project Solutions, LLC, Denver$739.8 thousand
16Waterproofing Specialties Inc., Stanley$732.8 thousand
17Piedmont Pipe Construction Inc, Denver$658.5 thousand
18Piedmont Pipe Construction Inc, Denver$658.5 thousand
19Lost Time Control West Inc, Iron Station$631.0 thousand
20Lost Time Control West, Inc, Iron Station$631.0 thousand
21Drake Enterprises Of Lincolnton Nc, Lincolnton$623.4 thousand
22North Carolina Spinning Mills Inc, Lincolnton$547.0 thousand
23Ces Group Engineers LLP, Denver$540.2 thousand
24Ligier Automotive North America Co, Denver$535.5 thousand
25Catherine B Laws DDS PLLC, Lincolnton$518.2 thousand
26United Plate Glass Of Charlotte, LLC, Lincolnton$494.8 thousand
27Lake Norman Marina Inc., Denver$488.6 thousand
28David A. Wilson Dvm, P.A., Denver$480.7 thousand
29Abernethy Chevrolet, Inc., Lincolnton$456.2 thousand
30Ethan Riley Enterprises Inc, Denver$452.2 thousand
31Piedmont Companies Inc, Lincolnton$435.1 thousand
32Piedmont Companies, Inc., Lincolnton$435.1 thousand
33A Sani-Can Service Inc, Denver$422.7 thousand
34Abernethy Chrysler, Jeep, Dodge, Inc., Lincolnton$411.3 thousand
35Timdon, Inc, Denver$398.3 thousand
36Unox Inc, Denver$387.9 thousand
37Race City Steel Inc, Denver$387.7 thousand
38Synergy Healthcare Usa LLC, Denver$387.2 thousand
39Calico Technologies, Inc, Denver$368.0 thousand
40Sentry Drug Center #11 Inc, Lincolnton$366.1 thousand
41Central Carolina Sprinkler Co Inc, Lincolnton$359.7 thousand
42Ground Technological Services, Inc., Denver$359.2 thousand
43Atlantic Coast Contractors Inc., Denver$358.2 thousand
44Medical Strategies International LLC, Denver$343.0 thousand
45Denver Construction Company, Denver$340.9 thousand
46Lincoln County Fabricators, Incorporated, Lincolnton$338.4 thousand
47Companyk LLC, Denver$334.9 thousand
48Klassic Rides LLC, Denver$329.8 thousand
49American Converting Co. Ltd., LLC, Lincolnton$329.1 thousand
50Lkn Electric LLC, Sherrills Ford$329.1 thousand
51Central Carolina Sprinkler Co. Inc, Lincolnton$328.4 thousand
52Petroleum Service & Calibration Inc, Denver$327.8 thousand
53In This Together Enterprises Inc., Cornelius$323.2 thousand
54Ethan Riley Enterprises, Denver$323.0 thousand
55Dream Green Inc, Denver$309.1 thousand
56McPartners LLC, Cornelius$303.4 thousand
57Crawford Composites LLC, Denver$302.4 thousand
58Crawford Composites, LLC, Denver$302.4 thousand
59Lincoln Pediatrics Clinic P.A., Lincolnton$295.2 thousand
60Chill Fire Grill LLC, Denver$293.8 thousand
61Lincoln County Fabricators Incorporated, Lincolnton$285.8 thousand
62Rg Howard LLC, Stanley$285.1 thousand
63Nar Services Inc, Denver$285.0 thousand
64Industrial Hard Carbon, LLC, Denver$281.9 thousand
65Lail Electric Service Inc, Lincolnton$272.9 thousand
65Lail Electric Service,Inc, Lincolnton$272.9 thousand
67The Norton-Freeman Group, Inc., Denver$272.5 thousand
68Protection Systems Technologies Ii Inc, Denver$270.5 thousand
69Silverpoint Homes Of North Carolina LLC, Lincolnton$264.3 thousand
70Ebf Enterprises Inc., Lincolnton$264.0 thousand
71Frank Avason Iii Dmdmspa, Denver$254.5 thousand
72Asc LLC, Denver$252.5 thousand
73Sain & Heavner Trucking Cc, Vale$252.1 thousand
74Adam E. Naylor, DDS. Pa, Lincolnton$251.2 thousand
75Sea America Express Corporation, Lincolnton$249.9 thousand
76Advanced Family Eye Care - Doctors Of Optometry, Denver$248.7 thousand
77Folseys Cartage LLC, Denver$248.4 thousand
78Denver Plumbing Co., Inc., Denver$247.5 thousand
79Frank Avason, Iii, D.M.D., M.S., P.A., Denver$243.9 thousand
80Verdict Ridge LLC, Denver$242.1 thousand
81Southeastern Process Equipment & Controls, Inc., Denver$240.3 thousand
82True Craft Builders Inc, Lincolnton$238.5 thousand
83Gray Manufacturing Technologies, LLC, Denver$237.9 thousand
84Adam E. Naylor DDS. Pa, Lincolnton$237.1 thousand
85Lincolnton Animal Hospital, Pa, Lincolnton$236.7 thousand
86Gais Construction Inc, Denver$236.1 thousand
87Sandwich Artists' Inc., Denver$226.5 thousand
88Kampe Enterprises LLC, Lincolnton$224.6 thousand
89Thornburg Machine & Supply Co., Inc., Lincolnton$224.2 thousand
90Carolina Photography Inc., Denver$222.7 thousand
91Industrial Hard Carbon, Denver$220.1 thousand
92Carolina Photography Inc, Denver$216.8 thousand
93The Norton-Freeman Group Inc., Denver$214.0 thousand
94Gais Construction, Inc, Denver$213.6 thousand
95Chill Fire Grill LLC, Denver$210.5 thousand
96Denver Baptist Church Inc., Denver$208.7 thousand
97Mars Food Processing Solutions, LLC, Denver$205.3 thousand
98Mattco Industrial Products LLC, Denver$204.8 thousand
99Mattco Industrial Products, LLC, Denver$204.8 thousand
100Midtown Sundries Denver LLC, Denver$204.8 thousand

How the list is drawn

  • 100 of the 1,569 borrowers ranked in Lincoln 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 Lincoln 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