Kinston, NC — PPP Loan Data

Kinston, North Carolina received 891 Paycheck Protection Program loans totaling $70.4M. The average loan in the city was $79,059 — above the national program average of approximately $67,000.

89.5% of loans in Kinston — totaling $68.9M — 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 Kinston were TANDS, INC. ($8,368,700), EXCLUSIVE JETS, LLC ($4,152,800), and HARVEY FERTILIZER AND GAS CO ($2,500,700).

The most active industry sector in Kinston was Personal Care Services with 86 loans worth $871,829, followed by Automotive Repair and Maintenance (34 loans).

Applicants in Kinston reported retaining 8,286 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.

Kinston 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.