NAICS 99

Businesses and organizations in the NAICS 99 industry (NAICS code 9999, part of the broader economy sector) received 85,564 PPP loans totaling $3.67B during the COVID-19 pandemic.

The average loan for this industry was $42,856 — below 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.

95.6% of loans in this industry were forgiven — totaling $3.43B. 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 KNA SOLUTIONS LLC of PARKLAND, FL ($8,498,977); 47TH AND 7TH LLC of WILMINGTON, DE ($7,986,873); and SILVER STATE BELL LLC of LAS VEGAS, NV ($6,526,885).

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.