Burlington, NC — PPP Loan Data

1,985 loans · $174.9M total · 90.6% forgiven

Total Loans
1,985
Total Approved
$174.9M
Avg $88,088/loan
Loans Forgiven
1,798
90.6% forgiveness rate
Amount Forgiven
$169.8M
Jobs Reported
21,776

Burlington, North Carolina received 1,985 Paycheck Protection Program loans totaling $174.9M. The average loan in the city was $88,088 — above the national program average of approximately $67,000.

90.6% of loans in Burlington — totaling $169.8M — 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 Burlington were CHANDLER CONCRETE CO INC ($5,738,500), CAROLINA BIOLOGICAL SUPPLY COMPANY ($5,576,900), and AUTHORACARE COLLECTIVE F/K/A/ HOSPICE AT GREENSBORO, INC. ($4,115,603).

The most active industry sector in Burlington was Personal Care Services with 200 loans worth $2.3M, followed by Accommodation and Food Services (108 loans).

Applicants in Burlington reported retaining 21,776 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.

Burlington 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.

Top Industries in Burlington

IndustryLoansTotal ApprovedForgiveness Rate
Personal Care ServicesNAICS 8121200$2.3M82.5%
Accommodation and Food ServicesNAICS 7225108$7.3M95.4%
Services to Buildings and DwellingsNAICS 561778$2.3M76.9%
Offices of DentistsNAICS 621253$5.6M100.0%
Building Equipment ContractorsNAICS 238251$9.6M96.1%
Management, Scientific, and Technical Consulting ServicesNAICS 541645$2.4M88.9%
Automotive Repair and MaintenanceNAICS 811141$1.9M97.6%
Other Miscellaneous RetailersNAICS 453940$1.3M82.5%
General Freight TruckingNAICS 484138$1.4M81.6%
Offices of Real Estate Agents and BrokersNAICS 531237$607,82597.3%

Largest Named Recipients in Burlington

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
CHANDLER CONCRETE CO INCManufacturing$5,738,500Yes
CAROLINA BIOLOGICAL SUPPLY COMPANYElectronic Shopping and Mail-Order Houses$5,576,900Yes
AUTHORACARE COLLECTIVE F/K/A/ HOSPICE AT GREENSBORO, INC.Nursing Care Facilities (Skilled Nursing Facilities)$4,115,603Yes
TRIANGLE GRADING & PAVING INCHighway, Street, and Bridge Construction$3,481,800Yes
KERNODLE CLINIC, INC.Offices of Physicians$3,464,700Yes
ALAMANCE FOODS INCManufacturing$3,253,300Yes
NATIONAL ONDEMAND INCBuilding Equipment Contractors$3,238,400Yes
THE AGENCY, INC.Employment Services$3,005,442Yes
TWIN LAKES COMMUNITYContinuing Care Retirement Communities and Assisted Living Facilities for the Elderly$2,932,300Yes
REGISTRY PARTNERS INCEmployment Services$2,251,500Yes
TRIANGLE GRADING AND PAVING INCHighway, Street, and Bridge Construction$2,000,000Yes
P&H MECHANICAL SOLUTIONS LLCResidential Building Construction$1,917,810Yes
CAROLINA HOSIERY MILLS, INC.Manufacturing$1,839,700Yes
INTEGRITY SENIOR PROPERTIES INVESTMENTS LLCContinuing Care Retirement Communities and Assisted Living Facilities for the Elderly$1,828,700Yes
SOUTHLAND ELECTRICAL SUPPLYHousehold Appliances and Electrical and Electronic Goods Merchant Wholesalers$1,801,800Yes
CAROLINA HOSIERY MILLS INC.Manufacturing$1,673,721Yes
FAIRYSTONE FABRICS, LLCManufacturing$1,324,075Yes
MEREDITH-WEBB PRINTING COMPANY INCManufacturing$1,313,730Yes
AERO GROUP HOLDINGS, LLCMachinery, Equipment, and Supplies Merchant Wholesalers$1,240,900Yes
MEREDITH-WEBB PRINTING COMPANY INCManufacturing$1,209,165Yes
FREEMAN ELECTRIC LLCLessors of Real Estate$1,160,000Yes
FREEMAN ELECTRIC LLCBuilding Equipment Contractors$1,157,496Yes
RALPH SCOTT LIFESERVICES, INC.Other Residential Care Facilities$1,120,700Yes
HUNT ELECTRIC SUPPLY COMPANYBuilding Material and Supplies Dealers$1,105,501Yes
FAIRYSTONE FABRICS LLCManufacturing$1,083,937Yes

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