PPP loans in McDowell County, North Carolina

Name: McDowell County, North Carolina
Address: NC, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 700 Paycheck Protection Program loans for businesses it recorded in McDowell County, $33.8 million in all.

McDowell County, as of September 30, 2024

$33.8 million
Approved: $33,775,897; 0.2% of the $17.7 billion approved in North Carolina.; 700
Loans: 581 first draws and 119 second draws.; 94.1%
Forgiven: 659 of 700 loans carry a forgiveness amount, $32.7 million in all.; 4.1%
Charged off: 29 of 700 loans, approved for $468.0 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in McDowell County · 2020–21

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The largest borrowers in McDowell County, 2020–21
Rank	Name	USD	Loans
1	Mpv Morganton Pressure Vessels North Car, Marion	$1.2 million$1,233,569	1
2	Oak Valley Hardwoods, Inc., Marion	$860.4 thousand$860,400	1
3	Rdm Industrial Electronics Inc, Nebo	$854.9 thousand$854,887	1
4	Key Gas Components Inc, Marion	$719.8 thousand$719,760	1
5	Key Gas Components Inc, Marion	$715.4 thousand$715,400	1
6	Judges Countryside Bbq LLC, Marion	$515.1 thousand$515,100	2
7	N.A.C. Trucking, Inc., Marion	$503.3 thousand$503,300	1
8	Toolco Industrial Corporation, Marion	$485.3 thousand$485,300	2
9	Community Companion Home Care LLC, Marion	$463.8 thousand$463,800	1
10	Collins Reinforcing Inc, Nebo	$420.6 thousand$420,623	1
11	G.E.M. Constructors, Inc., Marion	$418.7 thousand$418,700	1
12	Collins Reinforcing Inc, Nebo	$392.9 thousand$392,915	1
13	Nebo Laser Rentals LLC, Nebo	$377.6 thousand$377,600	1
14	Allied Industrial Supply Inc, Marion	$372.1 thousand$372,100	2
15	W. Whaley Inc, Marion	$370.2 thousand$370,202	1
16	Your H.O.M.E., Inc., Marion	$350.0 thousand$350,000	1
17	Samir Enterprises, LLC, Marion	$349.6 thousand$349,600	1
18	Jen-Nel Properties Inc., Little Switzerland	$314.0 thousand$314,000	1
19	Iem Inc, Marion	$306.0 thousand$306,000	1
20	Mountain Area Community Services, Inc, Marion	$302.4 thousand$302,351	1
21	Tax 2000 Inc, Marion	$282.1 thousand$282,087	1
22	Carolina Sleep Shoppe, LLC, Old Fort	$261.5 thousand$261,515	1
23	Table Rock Quarries, Inc., Marion	$254.5 thousand$254,500	1
24	Sugarhill Contractors LLC, Marion	$251.9 thousand$251,900	1
25	North Carolina Outreach Group Homes, LLC, Marion	$246.7 thousand$246,741	1
26	Carolina Sleep Shoppe, LLC, Old Fort	$244.0 thousand$244,000	1
27	Foothills Industries Of McDowell County, Inc., Marion	$242.7 thousand$242,700	1
28	Jim Cook Chevrolet-Buick, Inc., Marion	$235.7 thousand$235,675	1
29	Oak Valley Hardwoods Inc, Marion	$235.0 thousand$234,968	1
30	Kitsbow LLC, Old Fort	$233.0 thousand$233,000	1
31	Adkins Transportation Inc., Nebo	$225.2 thousand$225,172	1
32	Bennick Enterprises LLC, Nebo	$225.0 thousand$225,000	1
33	Jen-Nel Properties, Inc, Little Switzerland	$224.3 thousand$224,300	1
34	McDowell County Millwork, LLC, Marion	$222.6 thousand$222,600	1
35	Emerald Village Inc, Little Switzerland	$211.6 thousand$211,582	2
36	Quality Stone LLC, Marion	$205.1 thousand$205,100	1
37	Adkins Transportation, Inc., Nebo	$200.0 thousand$200,000	1
38	Smoky Mountain Natural Stone Company, Marion	$196.1 thousand$196,100	1
39	Morris Heating & Cooling LLC, Marion	$193.8 thousand$193,800	1
40	Animal Hospital Of Marion Inc, Marion	$189.0 thousand$189,000	1
41	Dover Insulation, Marion	$185.6 thousand$185,576	1
42	Shuford Lumber Inc., Marion	$178.5 thousand$178,500	2
43	Carolina Pallet Recycling Inc., Marion	$170.6 thousand$170,600	1
44	Appalachian Stone Company, Inc, Marion	$165.4 thousand$165,400	1
45	Marion Motor Company, Marion	$165.2 thousand$165,151	1
46	Ross Skid Products Inc., Marion	$164.0 thousand$164,000	1
47	Chamad Inc, Marion	$162.8 thousand$162,800	2
48	Lily Care Inc., Marion	$162.6 thousand$162,632	1
49	Tax 2000 Inc., Marion	$161.2 thousand$161,190	1
50	Gary Grindstaff DDS, Marion	$150.8 thousand$150,800	1
51	Marion Tire & Radiator Service, Inc, Marion	$150.4 thousand$150,400	1
52	Heritage Finance Co Inc, Marion	$149.7 thousand$149,700	1
53	Cedarbrook Residential Center, Inc., Nebo	$148.0 thousand$148,000	1
54	Linville Caverns, Inc., Marion	$144.9 thousand$144,900	1
55	Wildacres Retreat, Little Switzerland	$138.4 thousand$138,400	1
56	Gary M Grindstaff DDS Pa, Marion	$136.7 thousand$136,700	1
57	Boone's Woodlawn Quarry, Marion	$125.0 thousand$125,000	1
58	Mrsdove Inc., Marion	$124.6 thousand$124,600	1
59	Rahul Inc, Marion	$124.6 thousand$124,569	1
60	Crestview Veterinary Hospital, Inc, Marion	$124.5 thousand$124,500	1
61	Little And Lattimore, P.A., Marion	$121.9 thousand$121,925	1
62	Envirocert International Inc, Marion	$118.9 thousand$118,900	1
63	Eastside Baptist Church Of McDowell County, Inc., Nebo	$118.7 thousand$118,668	1
64	Eastside Baptist Church Of McDowell County Inc., Nebo	$118.7 thousand$118,668	1
65	First United Methodist Church Of Marion, N.C., Inc, Marion	$118.3 thousand$118,308	1
66	T.R.S. Petroleum Installation Inc., Marion	$116.9 thousand$116,900	2
67	Lake James Lodge Assisted Living, Inc., Marion	$114.9 thousand$114,915	1
68	John's Precision Auto Body, Inc., Marion	$114.9 thousand$114,895	1
69	Equip Inc, Marion	$113.4 thousand$113,439	1
70	Lake James Lodge Assisted Living Inc., Marion	$112.1 thousand$112,142	1
71	First Baptist Church Of Marion, North Carolina, Inc., Marion	$111.6 thousand$111,600	1
72	Johnson Roofing Concepts, Inc., Marion	$111.1 thousand$111,130	1
73	Clean Vibes LLC, Marion	$109.6 thousand$109,600	1
74	Genesis Construction Co. Inc., Marion	$109.2 thousand$109,200	1
75	Sahas Hospitality LLC, Marion	$108.0 thousand$108,025	1
76	All Mechanical & Construction Co., Inc., Marion	$106.1 thousand$106,140	1
77	Grace Community Church Of McDowell County, Nc Inc, Marion	$102.7 thousand$102,700	1
78	Sahas Hospitality LLC, Marion	$100.4 thousand$100,400	1
79	McDowell Assisted Living LLC, Marion	$100.0 thousand$100,000	1
80	Universal Machine And Tool Inc, Marion	$99,000	1
81	Catawba River Hardwoods, Old Fort	$98,212	1
82	Nebo Crossing Academy, Inc., Nebo	$97,165	1
83	Nebo Crossing Academy Inc., Nebo	$97,164	1
84	Kevin Silver, Marion	$96,700	1
85	Key Wood Specialties LLC, Marion	$95,300	1
85	Key Wood Specialties, LLC, Marion	$95,300	1
87	Clean Vibes, LLC, Marion	$95,100	1
88	Wnc Dry Kiln Inc-Sba Small 7A Term, Marion	$95,000	1
89	Catawba River Hardwoods, LLC, Old Fort	$94,705	1
90	Johnson Paving Company Inc., Marion	$94,315	1
91	Stagecoach Ltd, Marion	$93,835	1
92	Hara Foodservice Group LLC, Marion	$93,200	1
93	Johnson Roofing Concepts Inc., Marion	$92,466	1
94	Wnc Dry Kiln Inc, Marion	$92,000	1
95	Camp Grier, Old Fort	$90,315	1
96	Camp Grier, Old Fort	$90,300	1
97	Panoramica LLC, Marion	$89,561	1
98	New Horizon Home Care Of Nc, Inc., Marion	$89,315	1
99	Just N Jerm Enterprises, Marion	$87,607	1
100	Painters Greenhouse, LLC, Old Fort	$85,200	1

How the list is drawn

100 of the 666 borrowers ranked in McDowell 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 McDowell 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

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

Data retrieved September 23, 2026

McDowell County, as of September 30, 2024

The largest borrowers in McDowell County · 2020–21

How the list is drawn

Related

Sources