PPP loans in New Hanover County, North Carolina

Name: New Hanover 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 7,845 Paycheck Protection Program loans for businesses it recorded in New Hanover County, $546.3 million in all.

New Hanover County, as of September 30, 2024

$546.3 million
Approved: $546,255,291; 3.1% of the $17.7 billion approved in North Carolina.; 7,845
Loans: 5,843 first draws and 2,002 second draws.; 95.4%
Forgiven: 7,482 of 7,845 loans carry a forgiveness amount, $541.2 million in all.; 3.1%
Charged off: 241 of 7,845 loans, approved for $4.4 million. That is the loans' size, not what SBA lost.

The largest borrowers in New Hanover County · 2020–21

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The largest borrowers in New Hanover County, 2020–21
Rank	Name	USD	Loans
1	Wilmington Health, PLLC, Wilmington	$9.1 million$9,086,942	1
2	Lower Cape Fear Hospice Incorporated, Wilmington	$5.1 million$5,070,181	1
3	Megacorp Logistics, LLC, Wilmington	$4.0 million$4,003,100	1
4	Castle Branch Inc, Wilmington	$3.6 million$3,618,000	1
5	Ems Linq Inc, Wilmington	$3.2 million$3,165,200	1
6	S & S Services Group LLC, Wilmington	$3.1 million$3,146,000	1
7	South Atlantic Services, Inc., Wilmington	$3.1 million$3,139,500	1
8	Sturdy Corporation, Wilmington	$3.1 million$3,087,795	2
9	The N2 Company, Wilmington	$3.0 million$3,032,300	1
10	Cornelia Nixon Davis, Inc., Wilmington	$2.6 million$2,640,400	1
11	Cekra, Inc, Wilmington	$2.5 million$2,511,598	2
12	Bob King Buick-Gmc, Inc., Wilmington	$2.1 million$2,080,300	1
13	Carolina Wings Management LLC, Wilmington	$2.0 million$1,997,600	1
14	Phoenix Spirit Group LLC, Wilmington	$2.0 million$1,989,400	2
15	Saffo Contractors, Inc., Wilmington	$1.9 million$1,873,910	1
16	Saffo Contractors, Inc., Wilmington	$1.9 million$1,873,910	1
17	Neuwirth Motors, Inc, Wilmington	$1.7 million$1,725,387	1
18	Capital Ford Of Wilmington LLC, Wilmington	$1.7 million$1,665,115	1
19	Civil Works Contracting LLC, Wilmington	$1.6 million$1,593,600	1
20	Ika Works Inc, Wilmington	$1.6 million$1,577,800	1
21	Hh Les Opco LLC, Wilmington	$1.6 million$1,562,106	1
22	Polyquest Incorporated, Wilmington	$1.5 million$1,543,109	1
23	Triple T Freightliner Sterling Western Star, Inc., Wilmington	$1.5 million$1,540,932	1
24	Robert High Development LLC, Wilmington	$1.5 million$1,539,805	2
25	Polyquest, Incorporated, Wilmington	$1.5 million$1,535,095	1
26	Mco Transport, Inc, Wilmington	$1.5 million$1,476,500	1
27	Ecep Ii, P.A., Wilmington	$1.5 million$1,471,100	1
28	Carolina Wings Management, LLC, Wilmington	$1.5 million$1,455,900	1
29	Geo Owl LLC, Wilmington	$1.4 million$1,422,179	1
30	Geo Owl, LLC, Wilmington	$1.4 million$1,366,848	1
31	Wilmington Eye P.A., Wilmington	$1.4 million$1,354,400	1
32	Wilmington Auto Group, LLC, Wilmington	$1.3 million$1,347,600	1
33	Wilmington Eye, Pa, Wilmington	$1.3 million$1,270,800	1
34	Cape Fear Academy, Wilmington	$1.3 million$1,253,949	1
35	Hh Les Opco, LLC, Wilmington	$1.2 million$1,243,700	1
36	Longley Supply Company, Wilmington	$1.2 million$1,187,500	1
37	Puryear Tank Lines Inc., Wilmington	$1.2 million$1,173,551	1
38	Kerr Connect, LLC, Wilmington	$1.1 million$1,128,100	1
39	Queensboro Industries Inc, Wilmington	$1.1 million$1,121,115	1
40	Delaney Radiologist Group, PLLC, Wilmington	$1.1 million$1,106,400	1
41	Alpha Mortgage Corporation, Wilmington	$1.1 million$1,099,052	1
42	Lutheran Home - Wilmington Inc., Wilmington	$1.1 million$1,095,300	1
43	Global Process Automation LLC, Wilmington	$1.1 million$1,092,700	1
44	Harold W. Wells & Sons, Inc, Wilmington	$1.1 million$1,088,900	1
45	Indochine Restaurant, L.L.C., Wilmington	$1.1 million$1,064,877	2
46	Honeycutt Construction Services Inc., Wilmington	$1.1 million$1,062,442	1
47	Thomas Construction Group, LLC, Wilmington	$1.1 million$1,061,800	1
48	Four Seasons Management Services Inc., Wrightsville Beach	$1.1 million$1,061,100	1
49	Thomas Construction Group LLC, Wilmington	$1.1 million$1,059,600	1
50	Reeds Jewelers, Inc., Wilmington	$1.0 million$1,018,000	1
51	McAnderson's Inc, Wilmington	$1.0 million$1,013,600	1
52	Wilmington Convention Hotel LLC, Wilmington	$1.0 million$1,012,500	1
53	Marpac LLC, Wilmington	$1.0 million$1,002,500	1
54	Wilmington Gastroenterology Associates, Pa, Wilmington	$997.6 thousand$997,600	1
55	Metal-Cad Steel Framing Systems Inc, Wilmington	$966.0 thousand$966,000	1
56	Metal-Cad Steel Framing Systems, Inc., Wilmington	$958.1 thousand$958,100	1
57	Bill Clark Homes Of Wilmington LLC, Wilmington	$943.1 thousand$943,100	1
58	Queensboro Industries, Inc., Wilmington	$930.0 thousand$930,000	1
59	Baker Motor Company, LLC, Wilmington	$912.1 thousand$912,089	1
60	Wilmington Heating & Air, Inc, Wilmington	$902.3 thousand$902,258	2
61	Global Process Automation LLC, Wilmington	$893.1 thousand$893,112	1
62	Honeycutt Construction Services, Inc., Wilmington	$886.2 thousand$886,200	1
63	Godusi LLC, Wilmington	$860.2 thousand$860,188	1
64	Godusi LLC, Wilmington	$860.1 thousand$860,100	1
65	Odyssey Fire Protection LLC, Wilmington	$830.6 thousand$830,624	1
66	Arctransit Inc, Wilmington	$805.8 thousand$805,800	1
67	Port City Community Church, Wilmington	$805.2 thousand$805,200	1
68	Plantation Village Inc, Wilmington	$792.6 thousand$792,600	1
69	Blockade Runner Motor Hotel, Wrightsville Beach	$792.1 thousand$792,100	1
70	Coastal Children's Services PLLC, Wilmington	$785.3 thousand$785,300	1
71	Delaney Radiologist, Pa, Wilmington	$774.5 thousand$774,500	1
72	Capital Automotive Sales, LLC, Wilmington	$774.1 thousand$774,085	1
73	Black Gold Holdings LLC, Wilmington	$771.2 thousand$771,151	1
74	Springer-Eubank Company, Inc, Wilmington	$758.7 thousand$758,700	1
75	Elderhaus, Inc., Wilmington	$755.7 thousand$755,700	1
76	Zac Mac Enterprises Inc., Wilmington	$753.4 thousand$753,367	1
77	David Long & Associates Inc., Castle Hayne	$749.3 thousand$749,300	1
78	Port City Staffing Inc., Wilmington	$729.8 thousand$729,800	1
79	Intracoastal Realty Corporation, Wilmington	$726.9 thousand$726,900	1
80	Hope Services, LLC, Kure Beach	$724.7 thousand$724,700	1
81	Wilmington Convention Hotel, LLC, Wilmington	$723.2 thousand$723,200	1
82	Accordius Health At Wilmington LLC, Wilmington	$722.6 thousand$722,585	1
83	Ashley Furniture Homestore Of Wilmington, Wilminton	$713.3 thousand$713,319	1
84	Shell Island Homeowners Association Inc., Wrightsville Beach	$713.0 thousand$713,023	1
85	T.A. Woods Company, Wilmington	$705.7 thousand$705,700	1
86	Peak Resources - Wilmington, Inc., Wilmington	$698.2 thousand$698,197	1
87	Infranet Technologies Group Inc, Wilmington	$694.1 thousand$694,100	1
88	Sea Coast Realty Inc, Wilmington	$689.9 thousand$689,900	1
89	One Source Solutions Inc., Wilmington	$689.4 thousand$689,400	1
90	Port City Staffing Inc., Wilmington	$683.2 thousand$683,218	1
91	Mitchells Amusement Corporation, Wilmington	$682.3 thousand$682,257	2
92	New Hanover Community Health Center Incorporated, Wilmington	$677.6 thousand$677,600	1
93	Master Machining Inc., Castle Hayne	$672.5 thousand$672,500	1
93	Master Machining Inc., Castle Hayne	$672.5 thousand$672,500	1
95	Ymca Of Southeastern Nc, Wilmington	$662.7 thousand$662,713	1
96	Ymca Of Southeastern Nc, Inc., Wilmington	$652.8 thousand$652,770	1
97	Wrightsville Beach Landscaping Co Inc., Wilmington	$649.6 thousand$649,600	1
98	Wilmington Surgical Associates, Pa, Wilmington	$647.9 thousand$647,900	1
99	Richard Catlin And Associates Inc., Wilmington	$641.6 thousand$641,625	1
99	Richard Catlin And Associates, Inc., Wilmington	$641.6 thousand$641,625	1

How the list is drawn

100 of the 7,525 borrowers ranked in New Hanover 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. The last rank here is shared by 2 borrowers.
A borrower is ranked here when SBA recorded its first loan in New Hanover 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

New Hanover County, as of September 30, 2024

The largest borrowers in New Hanover County · 2020–21

How the list is drawn

Related

Sources