Denver, NC — PPP Loan Data

Denver, North Carolina received 852 Paycheck Protection Program loans totaling $65.3M. The average loan in the city was $76,585 — above the national program average of approximately $67,000.

95.0% of loans in Denver — totaling $64.0M — 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 Denver were AIR T, INC. ($8,215,100), WIREWAY/HUSKY CORP. ($2,380,522), and WIREWAY/HUSKY CORP. ($2,000,000).

The most active industry sector in Denver was Accommodation and Food Services with 60 loans worth $6.1M, followed by Management, Scientific, and Technical Consulting Services (39 loans).

Applicants in Denver reported retaining 7,496 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.

Denver 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.