Building Material and Supplies Dealers

Businesses and organizations in the Building Material and Supplies Dealers industry (NAICS code 4441, part of the Retail Trade sector) received 24,638 PPP loans totaling $2.68B during the COVID-19 pandemic.

The average loan for this industry was $108,654 — above the national PPP average of approximately $67,000. This reflects the small business character of most participants in this industry, typically sole proprietors and micro-businesses with modest payroll obligations.

96.8% of loans in this industry were forgiven — totaling $2.65B. To qualify for forgiveness, borrowers had to demonstrate that they maintained headcount and compensation levels and used at least 60% of loan proceeds for payroll expenses.

Notable recipients in this industry include RING'S END, INCORPORATED of DARIEN, CT ($8,058,147); CABINETS TO GO, LLC of LAWRENCEBURG, TN ($6,418,500); and LOGAN SQUARE ALUMINUM SUPPLY, INC. of CHICAGO, IL ($5,935,800).

The loan amount distribution for this industry shows a more even spread across loan sizes, suggesting a mix of small and mid-sized businesses. Because borrower names are withheld for loans under $150,000, a substantial portion of recipients in this industry may not appear by name in this dataset.

As part of the broader Retail Trade sector — selling merchandise to the general public for personal or household consumption. — businesses in NAICS 4441 were particularly reliant on PPP assistance to bridge the gap between declining revenues and fixed overhead obligations during the shutdown period.