Concord, NC — PPP Loan Data

Concord, North Carolina received 3,333 Paycheck Protection Program loans totaling $209.3M. The average loan in the city was $62,797 — above the national program average of approximately $67,000.

90.7% of loans in Concord — totaling $200.3M — 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 Concord were ACN COMMUNICATION SERVICES LLC ($4,663,493), EVENTUS WHOLEHEALTH MANAGEMENT, LLC ($4,650,079), and CHIP GANASSI RACING WITH FELIX SABATES, INC. ($3,955,995).

The most active industry sector in Concord was Personal Care Services with 233 loans worth $3.6M, followed by Accommodation and Food Services (146 loans).

Applicants in Concord reported retaining 26,628 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.

Concord 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.