There were 124 PPP loans issued in North Carolina during the week ending May 17. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Lenoir-Rhyne Univeristy | 2020-05-11 | $5-10 million |
| Asheville Pulmonary and Critical Care Associates, P.A. | 2020-05-11 | $1-2 million |
| Fayetteville Motors, LLC | 2020-05-11 | $1-2 million |
| Mof, LLC | 2020-05-11 | $1-2 million |
| Flores Corporation | 2020-05-11 | $350,000-1 million |
| Logan Enterprises of Cary, Inc. | 2020-05-11 | $350,000-1 million |
| Nicole Cardamone Cannon | 2020-05-11 | $350,000-1 million |
| Pan Insurance Agency, LLC | 2020-05-11 | $350,000-1 million |
| Pinehurst Opco, LLC | 2020-05-11 | $350,000-1 million |
| Promethra Biosciences, LLC | 2020-05-11 | $350,000-1 million |
| Thinking Maps, Inc. | 2020-05-11 | $350,000-1 million |
| Church Ekklasia Sozo, Inc. | 2020-05-11 | $150,000-350,000 |
| CMM Looz, Inc. | 2020-05-11 | $150,000-350,000 |
| Environmental Hydrogeological Consultants, Inc. | 2020-05-11 | $150,000-350,000 |
| Immaculate Heart of Mary Catholic School | 2020-05-11 | $150,000-350,000 |
| Knox Clinic Pediatric, PLLC | 2020-05-11 | $150,000-350,000 |
| MI Pueblo Management, Inc. | 2020-05-11 | $150,000-350,000 |
| Octopus Garden, LLC | 2020-05-11 | $150,000-350,000 |
| Radcom Software Services, LLC | 2020-05-11 | $150,000-350,000 |
| SKW Holdings, Inc. | 2020-05-11 | $150,000-350,000 |
| Tas Drug, Inc. | 2020-05-11 | $150,000-350,000 |
| Trinity Plumbing Company, LLC | 2020-05-11 | $150,000-350,000 |
| Wilmington Development Company | 2020-05-11 | $150,000-350,000 |
| Fastmed Urgent Care, P.C. | 2020-05-12 | $5-10 million |
| Accordius Health at Clemmons, LLC | 2020-05-12 | $350,000-1 million |
| Accordius Health at Creekside Care, LLC | 2020-05-12 | $350,000-1 million |
| Accordius Health at Gastonia, LLC | 2020-05-12 | $350,000-1 million |
| Accordius Health at Salisbury, LLC | 2020-05-12 | $350,000-1 million |
| Accordius Health at Wilmington, LLC | 2020-05-12 | $350,000-1 million |
| Dunlap Lawn Service, Inc. | 2020-05-12 | $350,000-1 million |
| Friendly Mart, Inc. | 2020-05-12 | $350,000-1 million |
| A1 Building Maintenance | 2020-05-12 | $150,000-350,000 |
| Accordius Health at Scotland Manor, LLC | 2020-05-12 | $150,000-350,000 |
| B&M Donnelly, Inc. | 2020-05-12 | $150,000-350,000 |
| Calogidos, Incorporated | 2020-05-12 | $150,000-350,000 |
| Campus Outreach Charlotte | 2020-05-12 | $150,000-350,000 |
| Challenge Design Innovations, Inc. | 2020-05-12 | $150,000-350,000 |
| Cortek, Inc. | 2020-05-12 | $150,000-350,000 |
| Down East Living and Rehab Center, LLC | 2020-05-12 | $150,000-350,000 |
| Ebenezer Baptist Church | 2020-05-12 | $150,000-350,000 |
| Garrett Page Mechanical GMP, LLC | 2020-05-12 | $150,000-350,000 |
| Green Engineering, PLLC | 2020-05-12 | $150,000-350,000 |
| KB Landscaping, Inc. | 2020-05-12 | $150,000-350,000 |
| Kids First Pediatrics of Raeford, PC | 2020-05-12 | $150,000-350,000 |
| Lalaja, Inc. | 2020-05-12 | $150,000-350,000 |
| Mid-South Irrigation & Landscape | 2020-05-12 | $150,000-350,000 |
| Novus Bew Asheville, LLC | 2020-05-12 | $150,000-350,000 |
| Packages on Time, Inc. | 2020-05-12 | $150,000-350,000 |
| Raleigh Best Medical and Home Health Care Services, LLC | 2020-05-12 | $150,000-350,000 |
| Rouse's Group Home, Inc. | 2020-05-12 | $150,000-350,000 |
| Taylor Timber Company, LLC | 2020-05-12 | $150,000-350,000 |
| The Budd Group | 2020-05-13 | $5-10 million |
| Accordius Health at Lexington, LLC | 2020-05-13 | $350,000-1 million |
| Architektonl, LLC | 2020-05-13 | $350,000-1 million |
| Arneg, LLC | 2020-05-13 | $350,000-1 million |
| Classical Academies CFA, Inc. | 2020-05-13 | $350,000-1 million |
| Dmarcian, Inc. | 2020-05-13 | $350,000-1 million |
| Averistar Consulting, LLC | 2020-05-13 | $150,000-350,000 |
| Blue Ridge Research and Consulting, LLC | 2020-05-13 | $150,000-350,000 |
| Box Electric Company | 2020-05-13 | $150,000-350,000 |
| C-Phase Services, LLC | 2020-05-13 | $150,000-350,000 |
| Cargo-Link, Inc. | 2020-05-13 | $150,000-350,000 |
| Daniel H. Lewis Farms, Incorporated | 2020-05-13 | $150,000-350,000 |
| Deep Roots Market, Inc. | 2020-05-13 | $150,000-350,000 |
| Family Education Resource Ministries | 2020-05-13 | $150,000-350,000 |
| First at Blue Ridge, Inc. | 2020-05-13 | $150,000-350,000 |
| Kirk Amos Delivery and Courier, LLC | 2020-05-13 | $150,000-350,000 |
| Lancer Incorporated | 2020-05-13 | $150,000-350,000 |
| Medical Plaza Family & Geriatric Physicians, P.A. | 2020-05-13 | $150,000-350,000 |
| Paradigm, Inc. | 2020-05-13 | $150,000-350,000 |
| Resinart East, Inc. | 2020-05-13 | $150,000-350,000 |
| Telum Protection Corporation | 2020-05-13 | $150,000-350,000 |
| The Jewelry Exchange, Inc. | 2020-05-13 | $150,000-350,000 |
| Netview, Inc. | 2020-05-14 | $1-2 million |
| United Tool & Stamping Company of North Carolina, Inc. | 2020-05-14 | $350,000-1 million |
| Advanced Service Solutions, Inc. | 2020-05-14 | $150,000-350,000 |
| Alltec, LLC | 2020-05-14 | $150,000-350,000 |
| AP&T North America, Inc. | 2020-05-14 | $150,000-350,000 |
| Borum, Wade & Associates, PA | 2020-05-14 | $150,000-350,000 |
| C. C. Strickland & Sons, Inc. | 2020-05-14 | $150,000-350,000 |
| Carolina Container Services, Inc. | 2020-05-14 | $150,000-350,000 |
| Dixons Service Company | 2020-05-14 | $150,000-350,000 |
| DPMD Joint Ventures | 2020-05-14 | $150,000-350,000 |
| DRM Petro Construction, LLC | 2020-05-14 | $150,000-350,000 |
| Florence Crittenton Services | 2020-05-14 | $150,000-350,000 |
| Golden Way, Inc. | 2020-05-14 | $150,000-350,000 |
| High Road Services, LLC | 2020-05-14 | $150,000-350,000 |
| Hoppin' John's, Inc. | 2020-05-14 | $150,000-350,000 |
| Nbfsa, LLC | 2020-05-14 | $150,000-350,000 |
| Pavilion, LLC | 2020-05-14 | $150,000-350,000 |
| RBCCM Express, Inc. | 2020-05-14 | $150,000-350,000 |
| Stott, Hollowell, Palmer & Windham, L. L. P. | 2020-05-14 | $150,000-350,000 |
| Tax 2000, Inc. | 2020-05-14 | $150,000-350,000 |
| The Idea People | 2020-05-14 | $150,000-350,000 |
| Three Singletons, Inc. | 2020-05-14 | $150,000-350,000 |
| Trupoint Marketing, LLC | 2020-05-14 | $150,000-350,000 |
| Acroprint Technician, Inc. | 2020-05-15 | $350,000-1 million |
| CGI Enterprises, Inc. | 2020-05-15 | $350,000-1 million |
| CMC America, LLC | 2020-05-15 | $350,000-1 million |
| Couch Oil Company of Durham, Inc. | 2020-05-15 | $350,000-1 million |
| Huerta Gomez, Inc. | 2020-05-15 | $350,000-1 million |
| Itvision, Inc. | 2020-05-15 | $350,000-1 million |
| Juki Automation Systems, Inc. | 2020-05-15 | $350,000-1 million |
| Onslow County Partnership for Children, Inc. | 2020-05-15 | $350,000-1 million |
| ACWLC III, Inc. | 2020-05-15 | $150,000-350,000 |
| Apple Construction, Inc. | 2020-05-15 | $150,000-350,000 |
| Auro Raleigh II, LLC | 2020-05-15 | $150,000-350,000 |
| Better Boards, Inc. | 2020-05-15 | $150,000-350,000 |
| Budget Lighting Centers, Inc. | 2020-05-15 | $150,000-350,000 |
| Cameron's, Inc. | 2020-05-15 | $150,000-350,000 |
| Culver Enterprises | 2020-05-15 | $150,000-350,000 |
| Maximum Surge Construction, Inc. | 2020-05-15 | $150,000-350,000 |
| Mountain Home Fire & Rescue Department, Inc. | 2020-05-15 | $150,000-350,000 |
| Primal Space Systems | 2020-05-15 | $150,000-350,000 |
| Strivven Media, LLC | 2020-05-15 | $150,000-350,000 |
| Tar Heel Landscape Enterprises, Inc. | 2020-05-15 | $150,000-350,000 |
| The Coley Law Firm, PLLC | 2020-05-15 | $150,000-350,000 |
| Wilson Veterinary Hospital, P.A. | 2020-05-15 | $150,000-350,000 |
| Fluette Heating and Air, LLC | 2020-05-16 | $150,000-350,000 |
| Touched by Angels Home Healthcare II | 2020-05-16 | $150,000-350,000 |
| Trilogy School, the, LLC | 2020-05-16 | $150,000-350,000 |
| Ua Trucking, Inc. | 2020-05-17 | $350,000-1 million |
| Divine Health Consultants | 2020-05-17 | $150,000-350,000 |
| Loyal & Rich Records, LLC | 2020-05-17 | $150,000-350,000 |
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