Charlotte, NC — PPP Loan Data
36,899 loans · $2.57B total · 89.0% forgiven
Charlotte, North Carolina received 36,899 Paycheck Protection Program loans totaling $2.57B. The average loan in the city was $69,575 — above the national program average of approximately $67,000.
89.0% of loans in Charlotte — totaling $2.47B — 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 Charlotte were ORTHOCAROLINA, PA ($10,000,000), CAROLINA RESTAURANT GROUP, INC ($10,000,000), and YOUNG MEN'S CHRISTIAN ASSOC. OF GREATER CHARLOTTE ($9,674,249).
The most active industry sector in Charlotte was Personal Care Services with 3,209 loans worth $63.4M, followed by Accommodation and Food Services (1,546 loans).
Applicants in Charlotte reported retaining 284,589 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.
Charlotte 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 Charlotte
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Personal Care ServicesNAICS 8121 | 3,209 | $63.4M | 84.1% |
| Accommodation and Food ServicesNAICS 7225 | 1,546 | $241.8M | 95.2% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 1,487 | $85.7M | 90.2% |
| General Freight TruckingNAICS 4841 | 1,401 | $40.0M | 84.8% |
| Services to Buildings and DwellingsNAICS 5617 | 1,278 | $46.5M | 84.1% |
| Other Personal ServicesNAICS 8129 | 1,069 | $35.5M | 86.2% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 998 | $27.9M | 95.9% |
| Taxi and Limousine ServiceNAICS 4853 | 908 | $8.4M | 86.3% |
| Residential Building ConstructionNAICS 2361 | 875 | $33.4M | 84.7% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 697 | $41.3M | 90.7% |
Largest Named Recipients in Charlotte
Only loans ≥ $150,000 have publicly disclosed borrower names.