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PPP loans in Madison County, Alabama

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 11,785 Paycheck Protection Program loans for businesses it recorded in Madison County, $802.8 million in all.

Madison County, as of September 30, 2024

$802.8 million
Approved
$802,823,942
8.5% of the $9.4 billion approved in Alabama.
11,785
Loans
9,196 first draws and 2,589 second draws.
91.1%
Forgiven
10,738 of 11,785 loans carry a forgiveness amount, $758.9 million in all.
6.4%
Charged off
752 of 11,785 loans, approved for $15.0 million. That is the loans' size, not what SBA lost.

The largest borrowers in Madison County · 2020–21

1 more column on a wider screen

The largest borrowers in Madison County, 2020–21
RankNameUSD
1Yorktown Systems Group Inc, Huntsville$10.0 million
2Hometown Lenders, Huntsville$6.9 million
3The Orthopaedic Center, Pc, Huntsville$6.8 million
4Pinnacle Solutions, Inc., Huntsville$6.0 million
5Alliance Hr, Inc, Huntsville$5.9 million
6Nlogic LLC, Huntsville$5.7 million
7System Studies & Simulation, Inc., Huntsville$5.3 million
8Oncology Specialties Pc, Huntsville$5.1 million
9Erica Lane Enterprises, Huntsville$4.8 million
10Moseley Technical Services, Inc, Huntsville$4.8 million
11Davidson Technologies, Inc., Huntsville$4.5 million
12Five Stones Research Corporation, Brownsboro$4.3 million
13Trideum Corporation`, Huntsville$4.3 million
14Hudsonalpha Institute For Biotechnology, Huntsville$3.4 million
15Tec-Masters, Inc., Huntsville$3.3 million
16Inline Electric Supply Company Inc, Huntsville$3.2 million
17A-P-T Research Inc, Huntsville$3.2 million
18Navigator International, LLC, Huntsville$3.1 million
19Oral Arts Laboratory, Inc, Huntsville$2.9 million
20Jerry Dawson Inc, Huntsville$2.8 million
21Johnson Partners, Inc., Huntsville$2.7 million
22Brown Precision Inc, Huntsville$2.7 million
23Wilson Lumber Company Inc, Huntsville$2.7 million
24Nou Systems Inc., Huntsville$2.7 million
25Sportsmed Orthopaedic Specialists, Pc, Huntsville$2.7 million
26Cfd Research Corporation, Huntsville$2.6 million
27Woody Anderson Ford, Huntsville$2.6 million
28Radiology Of Huntsville, P.C., Huntsville$2.6 million
29Decibel Research Inc, Huntsville$2.6 million
30Wellstone Inc, Huntsville$2.5 million
31Ability Plus Inc, Huntsville$2.4 million
32Lsinc Corporation, Huntsville$2.4 million
33Surgery Center, Jv, Huntsville$2.4 million
34Systems Products And Solutions, Inc, Huntsville$2.4 million
35Ierus Technologies, Inc., Huntsville$2.3 million
36Randolph School, Huntsville$2.3 million
37W.L. Halsey Grocery Company, Inc., madison$2.3 million
38Monte Sano Research Corporation, Huntsville$2.2 million
39Jesse Stutts, Inc., Huntsville$2.2 million
40Century Automotive Group Inc, Huntsville$2.1 million
41Interfuze Corporation, Huntsville$2.1 million
42Strata-G Solutions LLC, Huntsville$2.1 million
43Chambers Bottling Company LLC, Huntsville$2.0 million
44Alliance Hr, Huntsville$2.0 million
45National Copper, LLC, Huntsville$2.0 million
46Valley Pizza Inc, Huntsville$1.9 million
47Nextek Inc, Madison$1.9 million
48Nextek Inc., Madison$1.9 million
49Higherechelon, Inc., Huntsville$1.9 million
50Gan Corporation, Huntsville$1.9 million
51Ranger Land Systems, Inc., Huntsville$1.9 million
52Bill Penney Motor Company Inc, Huntsville$1.9 million
53Qtec, Inc., Huntsville$1.8 million
54Logicore Corporation, Huntsville$1.8 million
55Rosie's Restaurants Inc., Huntsville$1.8 million
56Martinfederal Consulting, LLC, Huntsville$1.7 million
57Jerry Damson Inc, Huntsville$1.7 million
58T-H Marine Supplies, LLC, Huntsville$1.7 million
59Oasys Inc, Huntsville$1.6 million
60Logicore Corporation, Huntsville$1.6 million
61Logzone Inc, Huntsville$1.6 million
62Yulista Integrated Solutions, LLC, New Market$1.6 million
63Vali, Inc., Huntsville$1.5 million
64Griffon Aerospace, Inc, Madison$1.5 million
65S.E.A. Wire & Cable Inc, Madison$1.5 million
66Jtl Staffing, Huntsville$1.4 million
67Lanier Ford Shaver & Payne Pc, Huntsville$1.4 million
68The Redstone Military Retirement Residence Assoc, Huntsville$1.4 million
69Gleason Research Associates Incorporated, Huntsville$1.4 million
69Gleason Research Associates, Incorporated, Huntsville$1.4 million
71Projectxyz, Inc., Huntsville$1.4 million
72The Spencer Companies Incorporated, Huntsville$1.4 million
734M Research Inc., Huntsville$1.4 million
74Spectrum Solutions, Inc., Madison$1.4 million
75Sullivan Street, LLC, Huntsville$1.3 million
76Spur Jobs, Inc., Huntsville$1.3 million
76Spur Jobs, Inc., Huntsville$1.3 million
78H.C. Blake Co. Inc., Huntsville$1.3 million
79Projectxyz Muscle Shoals LLC, Huntsville$1.3 million
80Anglin Reichmann Armstrong P.C., Huntsville$1.3 million
81Trivector Services, Inc., Huntsville$1.3 million
82Bentley Group Inc, Huntsville$1.3 million
83Rosies Restaurants Inc., Huntsville$1.3 million
84Sj&L Contractor LLC, Huntsville$1.2 million
85Strategic Defense Solutions, LLC, Huntsville$1.2 million
86Wavelink Inc., Huntsville$1.2 million
87Vision Centric Inc, Madison$1.2 million
88Integrated Behavioral Health Inc., Madison$1.2 million
89Central North Alabama Health Services Inc., Huntsville$1.2 million
90Logistics & Environmental Solutions Corp, Huntsville$1.2 million
91Alabama Concrete, Inc., Huntsville$1.2 million
92Brockwell Technologies Inc, Huntsville$1.2 million
93Space Center Hotels LLC, Huntsville$1.2 million
94Keel Point, LLC, Huntsville$1.2 million
95Dealnews.Com, Inc., Huntsville$1.1 million
96B. J. R. S., Inc., Huntsville$1.1 million
97Fiberrise Communications, LLC, Huntsville$1.1 million
98H.C. Blake Co., Inc., Huntsville$1.1 million
99Cepeda Systems & Software Analysis, Inc, Huntsville$1.1 million
100Central North Alabama Health Services, Huntsville$1.1 million

How the list is drawn

  • 100 of the 11,172 borrowers ranked in Madison 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 Madison 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