PPP loans in Randolph County, North Carolina

Name: Randolph 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 2,675 Paycheck Protection Program loans for businesses it recorded in Randolph County, $203.4 million in all.

Randolph County, as of September 30, 2024

$203.4 million
Approved: $203,362,135; 1.2% of the $17.7 billion approved in North Carolina.; 2,675
Loans: 2,082 first draws and 593 second draws.; 94.0%
Forgiven: 2,514 of 2,675 loans carry a forgiveness amount, $199.2 million in all.; 3.9%
Charged off: 104 of 2,675 loans, approved for $2.0 million. That is the loans' size, not what SBA lost.

The largest borrowers in Randolph County · 2020–21

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The largest borrowers in Randolph County, 2020–21
Rank	Name	USD	Loans
1	Hughes Furniture Industries Inc, Randleman	$4.2 million$4,171,100	1
2	Pugh Lubricants LLC, Asheboro	$4.1 million$4,101,600	1
3	Carolina Precision Plastics LLC, Asheboro	$2.8 million$2,811,375	1
4	Wright Of Thomasville, Inc, Thomasville	$2.2 million$2,195,867	1
5	Quenon G Smith, High Point	$2.1 million$2,050,400	1
6	J. P. Thomas & Co., Incorporated, Asheboro	$2.0 million$1,956,834	1
7	Mas Us Holdings Inc, Asheboro	$1.9 million$1,950,000	1
8	Therapeutic Alternatives, Incorporated, Randleman	$1.9 million$1,867,600	1
9	Sapona Manufacturing Company Incorporated, Cedar Falls	$1.7 million$1,653,865	1
10	Sapona Manufacturing Company Incorporated, Franklinville	$1.7 million$1,653,865	1
11	Wolfe Financial, Inc., Asheboro	$1.6 million$1,598,300	1
12	Superior Mechanical Inc., Randleman	$1.5 million$1,513,400	1
13	Engineered Steel Products LLC, Sophia	$1.5 million$1,505,823	2
14	Pallet Express, Inc., Liberty	$1.4 million$1,364,100	1
15	The Recruiting Specialist, LLC, Archdale	$1.3 million$1,340,877	1
16	Darran Furniture Industries Inc., High Point	$1.3 million$1,290,650	1
17	Triad Corrugated Metal Inc, Asheboro	$1.3 million$1,284,777	2
18	Superior Mechanical, Inc., Randleman	$1.3 million$1,255,400	1
19	Bossong Hosiery Mills, Inc, Asheboro	$1.3 million$1,252,700	1
20	Bossong Hosiery Mills Inc, Asheboro	$1.3 million$1,252,347	1
21	Industrial Wood Products Inc, Climax	$1.2 million$1,188,893	1
22	Matlab, Inc., Asheboro	$1.1 million$1,143,200	1
23	Vecoplan LLC, Archdale	$1.1 million$1,136,710	1
24	Verity Recycling LLC, Asheboro	$1.1 million$1,110,080	2
25	Hightower Group LLC, High Point	$1.1 million$1,107,237	1
26	Matlab Inc., Asheboro	$1.1 million$1,099,700	1
27	Randolph Telephone Membership Corporatio, Asheboro	$1.1 million$1,093,672	1
28	Anomaly Squared, Inc., Trinity	$1.1 million$1,092,600	1
29	Randolph Restaurant Group Inc., Sophia	$1.1 million$1,072,780	1
30	Braxton Culler, Inc., Sophia	$1.1 million$1,054,600	1
31	C & T Durham Trucking Company, Julian	$1.0 million$1,046,300	1
32	Clapp's Convalescent Nursing Home, Inc., Asheboro	$1.0 million$1,023,425	1
33	May Furniture Inc., Ramseur	$1.0 million$1,002,172	1
33	May Furniture Inc., Ramseur	$1.0 million$1,002,172	1
35	Hendrix Batting Company Inc., High Point	$1.0 million$1,001,600	1
36	Wells Hosiery Mills Inc, Asheboro	$1.0 million$1,000,611	1
37	Holiday Tours, Inc., Randleman	$989.8 thousand$989,800	1
38	Verellen, Inc., High Point	$974.9 thousand$974,857	1
39	Chief Express LLC, Seagrove	$958.9 thousand$958,900	1
40	Pg Enterprises LLC, Randleman	$955.0 thousand$954,957	2
41	Automasters Of Asheboro, LLC, Asheboro	$920.4 thousand$920,418	1
42	Alpine Health And Rehabilitation Of Asheville, LLC, Asheboro	$890.9 thousand$890,865	1
43	Phase Change Energy Solutions, Inc., Asheboro	$834.5 thousand$834,539	1
44	Sapona Plastics, LLC, Asheboro	$834.4 thousand$834,448	1
45	Pfr Acquisition, LLC, Asheboro	$816.2 thousand$816,225	1
46	Phase Change Energy Solutions Inc., Asheboro	$815.4 thousand$815,374	1
47	White Oak Family Physicians, P.A., Asheboro	$791.7 thousand$791,700	1
48	Horizon Internal Medicine PLLC, Asheboro	$780.0 thousand$780,000	1
49	Archdale Nursing Center, Inc., Trinity	$761.1 thousand$761,100	1
50	Pemmco Manufacturing, Inc., Asheboro	$760.0 thousand$760,035	1
51	Design Master Displays, High Point	$750.9 thousand$750,877	1
52	Deep River Dyeing Co., Inc., Randleman	$746.9 thousand$746,900	1
53	Fox Apparel, Inc., Asheboro	$734.3 thousand$734,297	1
54	Horizon Internal Medicine, PLLC, Asheboro	$734.0 thousand$734,000	1
55	Fox Apparel Inc., Asheboro	$722.8 thousand$722,827	1
56	Master Displays Inc, High Point	$709.7 thousand$709,662	1
57	Alumiworks Inc, Randleman	$694.2 thousand$694,213	1
58	Greatest Generation, Inc., Trinity	$686.8 thousand$686,800	1
59	James Todd Williams MD, Asheboro	$686.4 thousand$686,400	1
60	H & H Furniture Manufacturers Inc., Seagrove	$672.2 thousand$672,200	1
61	H&H Furniture, Seagrove	$671.6 thousand$671,600	1
62	Wells Hosiery Mills Inc, Asheboro	$659.3 thousand$659,261	1
63	Burrow Family Corp, Asheboro	$651.1 thousand$651,110	1
63	Burrow Family Corp, Asheboro	$651.1 thousand$651,110	1
65	Asheboro Elastics Corp, Asheboro	$639.2 thousand$639,152	1
66	Unique Tool And Manufacturing Co., Franklinville	$633.9 thousand$633,885	1
67	Trinity Furniture Inc., Trinity	$612.4 thousand$612,385	1
67	Trinity Furniture, Inc., Trinity	$612.4 thousand$612,385	1
69	The Cross Road Rest And Retirement Center Inc., Asheboro	$610.6 thousand$610,600	1
70	Barnett Steel Erection, Inc., Thomasville	$606.9 thousand$606,937	1
71	Phillips Collection Inc, High Point	$603.0 thousand$603,050	1
72	Housand Corporation, Trinity	$580.9 thousand$580,860	1
73	American Concrete Construction Inc., Trinity	$577.0 thousand$577,005	1
74	Ralph's Frame Works Inc., High Point	$573.2 thousand$573,200	1
75	Rubbermill Inc, Liberty	$562.4 thousand$562,400	1
76	McRae Roofing Inc., Asheboro	$559.0 thousand$559,000	1
77	D & D Enterprises Of Greensboro, Inc., Randleman	$555.1 thousand$555,100	1
78	McDowell Lumber Company Inc, Asheboro	$540.9 thousand$540,875	1
79	E Feibusch Company Incorporated, High Point	$532.4 thousand$532,375	1
80	Founders Hemp LLC, Asheboro	$529.9 thousand$529,900	1
81	Victory Junction Gang Camp, Inc., Randleman	$525.7 thousand$525,673	1
82	Victory Junction Gang Camp Inc., Randleman	$525.7 thousand$525,672	1
83	Mid-State Motors, Inc., Asheboro	$525.4 thousand$525,413	1
84	D & D Enterprises Of Greensboro Inc., Randleman	$523.3 thousand$523,300	1
85	Pugh Funeral Home Inc, Asheboro	$522.3 thousand$522,300	1
86	American Concrete Construction, Inc., Trinity	$518.4 thousand$518,435	1
87	McDowell Lumber Company, Inc., Asheboro	$515.1 thousand$515,100	1
88	Performance Cabling Technologies Inc., Asheboro	$501.3 thousand$501,331	1
89	Ccf Of Nc, LLC, Asheboro	$492.0 thousand$492,000	1
90	Schwarz Management, LLC, Asheboro	$484.3 thousand$484,293	1
91	North Point Partners LLC, Randleman	$479.1 thousand$479,119	1
92	Allred Metal Stamping Works Inc., High Point	$454.4 thousand$454,445	1
93	Contract Erectors Inc, Randleman	$451.1 thousand$451,105	1
94	Contract Erectors Inc, Randleman	$451.1 thousand$451,100	1
95	Waugh Asphalt Inc, Franklinville	$445.5 thousand$445,491	2
96	Automobiles Of Asheboro, Inc., Asheboro	$441.8 thousand$441,788	1
97	Nc Upholstery, LLC, Randleman	$439.7 thousand$439,664	1
98	Boger Brothers Inc, Asheboro	$436.6 thousand$436,598	1
99	Your City Pharmacy, Inc., Asheboro	$431.6 thousand$431,585	1
100	Crawford Knitting Company Inc., Ramseur	$426.4 thousand$426,433	1

How the list is drawn

100 of the 2,544 borrowers ranked in Randolph 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 Randolph 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

Randolph County, as of September 30, 2024

The largest borrowers in Randolph County · 2020–21

How the list is drawn

Related

Sources