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PPP loans in Montgomery 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 486 Paycheck Protection Program loans for businesses it recorded in Montgomery County, $37.3 million in all.

Montgomery County, as of September 30, 2024

$37.3 million
Approved
$37,295,585
0.2% of the $17.7 billion approved in North Carolina.
486
Loans
375 first draws and 111 second draws.
94.7%
Forgiven
460 of 486 loans carry a forgiveness amount, $32.6 million in all.
3.7%
Charged off
18 of 486 loans, approved for $299.1 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Montgomery County · 2020–21

1 more column on a wider screen

The largest borrowers in Montgomery County, 2020–21
RankNameUSD
1Jordan Lumber & Supply, Inc., Mount Gilead$4.5 million
2K-M Machine Company Inc, Biscoe$1.4 million
3K M Machine Company Inc., Biscoe$1.3 million
4D R Reynolds Company Inc, Star$1.2 million
5Select Frame Shop Inc, Biscoe$1.1 million
6Capel Inc, Troy$985.8 thousand
7Capel Incorporated, Troy$974.2 thousand
8United Fuels, LLC, Troy$956.9 thousand
9Paint Protection Inc., New London$893.1 thousand
10Family First Home Care, LLC, Troy$836.7 thousand
11Lancer Incorporated, Star$805.9 thousand
12Carolina Structural Systems, LLC, Star$551.5 thousand
13Uwharrie Lumber Co, Troy$504.3 thousand
14Aberdeen, Carolina & Western Railway, Candor$471.5 thousand
15Midway Woodworking LLC, Star$451.2 thousand
16Carolina Growler, Inc., Star$432.2 thousand
17Sandy Ridge Homes Holding Corp, Candor$406.8 thousand
18Carolina Growler, Inc., Star$377.2 thousand
19Pro Pallet South, troy$339.8 thousand
20Montgomery Motors LLC, Troy$328.8 thousand
21Central Park Nc, Star$299.2 thousand
22Johnson Cnc LLC, Star$293.8 thousand
23Pro Pallet South, Troy$283.6 thousand
24Montgomery Foods, Inc., Troy$277.5 thousand
25Kellam Company Cnc LLC, Biscoe$273.4 thousand
26Megawood Inc., Mount Gilead$272.8 thousand
27Robinwood Enterprises, Troy$252.8 thousand
28Wallace-Dunn Heating & Air-Conditioning Inc, Mount Gilead$241.3 thousand
29Terry Britt, Troy$229.5 thousand
30Nc Pallet Manufacturer, Troy$225.2 thousand
31Quality Drywall And Acoustical Inc, Biscoe$222.8 thousand
32Nc Pallet Manufacturer, Troy$222.4 thousand
33Ftk Holding Co LLC, Star$220.8 thousand
34Wallace-Dunn Heating & A/C Inc., Mount Gilead$216.1 thousand
35Nc Lumber Supplier LLC, Troy$206.7 thousand
36Nc Lumber Supplier LLC, Troy$203.8 thousand
37Ftk Holding Co LLC, Star$200.4 thousand
38Sedberry Construction, Inc., Mount Gilead$200.0 thousand
39Montgomery Farms Builders, Biscoe$194.6 thousand
40Troy Ready-Mix, Inc., Troy$192.4 thousand
41Sides Of Tillery, Inc., Mount Gilead$183.0 thousand
42Gregory L Blake Inc, Troy$181.0 thousand
43Blackstone Furniture Industries Inc., Ether$179.2 thousand
44Uwharrie Builders LLC, Troy$173.5 thousand
44Uwharrie Builders, LLC, Troy$173.5 thousand
46Montgomery Farms Builders, Star$173.0 thousand
47Lemons Backhoe And Loader Service Inc, Troy$166.6 thousand
48Blackstone Furniture Industries, Inc., Ether$166.5 thousand
49Carwash Lodge, Inc., New London$165.0 thousand
50Tarheel Drilling & Blasting, Inc., Troy$158.9 thousand
51Pride Plumbing, Inc, Mt Gilead$157.8 thousand
52First Wesleyan Church, Troy$156.2 thousand
53First Wesleyan Church, Troy$150.8 thousand
54Montgomery Logging Inc, Troy$145.9 thousand
55Colonial L P Gas Inc, Troy$143.6 thousand
56Comfort South Inc, Biscoe$139.4 thousand
57Carwash Lodge Inc, New London$135.3 thousand
58McBride Lumber Company Partnership, LLC, Star$135.0 thousand
59Gold Diggers, Troy$134.3 thousand
60Comfort South Inc, Biscoe$132.1 thousand
61Timber Stand Improvements Inc, Mount Gilead$126.1 thousand
62Woodland Hosiery Inc, Mount Gilead$125.0 thousand
63Integrity Recycling Inc, Biscoe$124.8 thousand
64Jack's Supply Inc., Candor$124.0 thousand
65Shiloh Stables And Tack Inc, Troy$123.6 thousand
66Southern Ag Builders & Supply LLC, Biscoe$123.4 thousand
67Greenthumb Nursery, LLC., Ether$122.1 thousand
68Wayne Spencer Contracting Inc, Troy$120.0 thousand
69Brookstone Haven Of Star, LLC, Star$118.2 thousand
70Wet Dog Glass LLC, Star$114.5 thousand
71Wet Dog Glass, LLC, Star$112.9 thousand
72Jack's Supply, Inc., Candor$112.6 thousand
73Browning Electric Of Mt Gilead Inc, Mount Gilead$109.7 thousand
74Montgomery Insurance Services Inc, Star$103.3 thousand
75Alandale Industries Inc, Troy$102.5 thousand
76Mt. Gilead Independent Senior & Assisted Living, Inc, Mount Gilead$101.0 thousand
77Jordan Timberlands, Inc., Mount Gilead$100.3 thousand
78The Williamson Farm, Mount Gilead$98,100
79Montgomery Contractors Inc, Troy$96,600
80Jl Hosiery LLC, Candor$95,241
81Hollers & Atkinson Pc, Troy$89,013
82Mid Carolina Family Medicine, Pa, Troy$88,700
83Southern Ag Builders & Supply, LLC, Biscoe$88,000
84Singleton Remodel LLC, Troy$86,400
85D & D Transport Express, Inc., Mount Gilead$84,900
86Land Concepts LLC, Biscoe$83,100
87Terry V Wood DMD Pa, Troy$82,400
88Cotton Creek Chip Co, Mount Gilead$79,400
89Shepherd Family Logging LLC, Troy$77,495
90Thompson Logging LLC, Troy$75,900
91Three Oaks Furniture, LLC, Mount Gilead$74,145
92Casa Mexicana Inc, Biscoe$73,756
93Montgomery Animal Clinic Pa, Troy$72,000
94Carlyle D Haywood, Troy$71,830
95Us Textile & Apparel, Inc, Biscoe$71,700
96Byrd And Son Incorporated, Mount Gilead$69,900
97Capelsie Mills Incorporated, Troy$69,102
98Byrd And Son Incorporated, Mount Gilead$69,092
99Anson Wood Products Inc, Mount Gilead$67,300
100Belevation LLC, Biscoe$66,611

How the list is drawn

  • 100 of the 446 borrowers ranked in Montgomery 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 Montgomery 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