Pinehurst, NC — PPP Loan Data

Pinehurst, North Carolina received 445 Paycheck Protection Program loans totaling $55.6M. The average loan in the city was $124,957 — above the national program average of approximately $67,000.

97.8% of loans in Pinehurst — totaling $55.3M — 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 Pinehurst were PINEHURST, LLC ($8,853,300), RPG CO LLC ($5,223,800), and PINEHURST SURGICAL CLINIC, P.A. ($4,459,700).

The most active industry sector in Pinehurst was Accommodation and Food Services with 38 loans worth $4.7M, followed by Management, Scientific, and Technical Consulting Services (30 loans).

Applicants in Pinehurst reported retaining 6,114 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.

Pinehurst 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.