Asheville, NC — PPP Loan Data

Asheville, North Carolina received 5,992 Paycheck Protection Program loans totaling $486.8M. The average loan in the city was $81,245 — above the national program average of approximately $67,000.

96.1% of loans in Asheville — totaling $481.6M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Asheville were ALLERGY PARTNERS PLLC ($10,000,000), TUPELO HONEY HOSPITALITY CORPORATION ($5,219,247), and ZEALANDIA HOLDING COMPANY, INC. ($4,819,300).

The most active industry sector in Asheville was Accommodation and Food Services with 439 loans worth $72.4M, followed by Personal Care Services (303 loans).

Applicants in Asheville reported retaining 59,079 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Asheville is part of North Carolina, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.