There were 67 PPP loans issued in North Carolina during the week ending June 21. 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 |
|---|---|---|
| Jacobs Glass Company, Inc. | 2020-06-15 | $350,000-1 million |
| NC Healthcare Reform Advisors, LLC | 2020-06-15 | $350,000-1 million |
| Ole Rel Trucking, LLC | 2020-06-15 | $350,000-1 million |
| Skyrunner, Inc. | 2020-06-15 | $350,000-1 million |
| Utility Precast, Inc. | 2020-06-15 | $350,000-1 million |
| CPJR, Inc. | 2020-06-15 | $150,000-350,000 |
| Custom Dynamics, LLC | 2020-06-15 | $150,000-350,000 |
| Faaz Consulting, LLC | 2020-06-15 | $150,000-350,000 |
| Faith Cleaning Services, Inc. | 2020-06-15 | $150,000-350,000 |
| Heritage Farm Premium Pork, LLC | 2020-06-15 | $150,000-350,000 |
| Mcpherson, Rocamora, Nicholson, Wilson & Hinkle, PLLC | 2020-06-15 | $150,000-350,000 |
| One Step Two Step Gang Intervention & at | 2020-06-15 | $150,000-350,000 |
| Stormborn Enterprise, LLC | 2020-06-15 | $150,000-350,000 |
| The G. L. G. Corporation | 2020-06-15 | $150,000-350,000 |
| I & C M S, LLC | 2020-06-16 | $350,000-1 million |
| Oda Architecture, PLLC | 2020-06-16 | $350,000-1 million |
| Bell Equipment North America, Inc. | 2020-06-16 | $150,000-350,000 |
| Chatham County Council on Aging, Inc. | 2020-06-16 | $150,000-350,000 |
| Krankies Coffee Cafe, LLC | 2020-06-16 | $150,000-350,000 |
| Molina Construction, Inc. | 2020-06-16 | $150,000-350,000 |
| R W Incorporated | 2020-06-16 | $150,000-350,000 |
| Tri-State Carports, Inc. | 2020-06-16 | $150,000-350,000 |
| Vascular Health Solutions, PLLC | 2020-06-16 | $150,000-350,000 |
| WF Wood Fired | 2020-06-16 | $150,000-350,000 |
| Oakbrook Solutions, Inc. | 2020-06-17 | $1-2 million |
| Preschool Solutions, LLC | 2020-06-17 | $350,000-1 million |
| DDJ of NC, LLC | 2020-06-17 | $150,000-350,000 |
| Gold Stars Catering, Inc. | 2020-06-17 | $150,000-350,000 |
| Hops Reynolda Road, LLC | 2020-06-17 | $150,000-350,000 |
| Johnson Tree Experts, LLC | 2020-06-17 | $150,000-350,000 |
| The Academic Institute of Central Carol | 2020-06-17 | $150,000-350,000 |
| Walnut Creek Country Club | 2020-06-17 | $150,000-350,000 |
| Good Word Trucking, LLC | 2020-06-18 | $1-2 million |
| Perahealth, Inc. | 2020-06-18 | $1-2 million |
| Black Mountain Home for Children, Youth, and Families | 2020-06-18 | $350,000-1 million |
| Carolina Technical Plastics Corporation | 2020-06-18 | $350,000-1 million |
| CBLV, LLC | 2020-06-18 | $350,000-1 million |
| Johnson Food Group, Inc. | 2020-06-18 | $350,000-1 million |
| Wilson's Home Care Agency, Inc. | 2020-06-18 | $350,000-1 million |
| Edward F Scammon PA, D.M.D. | 2020-06-18 | $150,000-350,000 |
| Hamka Enterprises, Inc. | 2020-06-18 | $150,000-350,000 |
| Jugaard, Inc. | 2020-06-18 | $150,000-350,000 |
| LW2 Solutions, Inc. | 2020-06-18 | $150,000-350,000 |
| Rajj Investment Properties, Inc. | 2020-06-18 | $150,000-350,000 |
| Randolph County Family Crisis Center, Inc. | 2020-06-18 | $150,000-350,000 |
| RMV Agency, LLC | 2020-06-18 | $150,000-350,000 |
| Willis Cable Construction, Inc. | 2020-06-18 | $150,000-350,000 |
| Yates PDS, Inc. | 2020-06-18 | $150,000-350,000 |
| First Source Staffing Services, LLC | 2020-06-19 | $1-2 million |
| Abundant Cleaning, LLC | 2020-06-19 | $350,000-1 million |
| Arden Staffing Incorporated | 2020-06-19 | $350,000-1 million |
| Groninger USA, LLC | 2020-06-19 | $350,000-1 million |
| Penn Compression Moulding, Inc. | 2020-06-19 | $350,000-1 million |
| Southeast Farm Equipment | 2020-06-19 | $350,000-1 million |
| Carriff Corporation, Inc. | 2020-06-19 | $150,000-350,000 |
| Carry African Carribean Market, LLC | 2020-06-19 | $150,000-350,000 |
| Laguna, Inc. | 2020-06-19 | $150,000-350,000 |
| Little Mountain Builders of Catawba County, Inc. | 2020-06-19 | $150,000-350,000 |
| Southeastern Academy, Inc. | 2020-06-19 | $150,000-350,000 |
| Sun Drop Bottling Company of Rocky Mount, NC, Inc. | 2020-06-19 | $150,000-350,000 |
| Supreme Surivivors, LLC | 2020-06-19 | $150,000-350,000 |
| Yaro Plumbing, Inc. | 2020-06-19 | $150,000-350,000 |
| Scott F. Tucker, D, D. S. , M. S. , P.A. | 2020-06-20 | $1-2 million |
| Con-Technician Systems USA, Inc. | 2020-06-20 | $150,000-350,000 |
| MRA Services, Inc. | 2020-06-20 | $150,000-350,000 |
| WLJ Foods, Inc. | 2020-06-20 | $150,000-350,000 |
| G Enterprise, Inc. | 2020-06-21 | $350,000-1 million |
Alerts Sign-up