Mooresville, NC — PPP Loan Data

Mooresville, North Carolina received 2,923 Paycheck Protection Program loans totaling $222.8M. The average loan in the city was $76,219 — above the national program average of approximately $67,000.

94.1% of loans in Mooresville — totaling $215.2M — 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 Mooresville were STRUCTURE MEDICAL LLC ($5,275,482), AMERICAN MERCHANDISING SPECIALISTS, INC ($4,279,000), and ROUSH & YATES RACING ENGINES LLC ($3,236,800).

The most active industry sector in Mooresville was Personal Care Services with 137 loans worth $4.7M, followed by Accommodation and Food Services (136 loans).

Applicants in Mooresville reported retaining 25,978 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.

Mooresville 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.