Rocky mount, NC — PPP Loan Data

1,826 loans · $131.4M total · 89.0% forgiven

Total Loans
1,826
Total Approved
$131.4M
Avg $71,958/loan
Loans Forgiven
1,625
89.0% forgiveness rate
Amount Forgiven
$128.1M
Jobs Reported
17,115

Rocky mount, North Carolina received 1,826 Paycheck Protection Program loans totaling $131.4M. The average loan in the city was $71,958 — above the national program average of approximately $67,000.

89.0% of loans in Rocky mount — totaling $128.1M — 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 Rocky mount were BODDIE-NOELL ENTERPRISES INC ($10,000,000), BOICE-WILLIS CLINIC, P.A. ($4,558,200), and NORTH CAROLINA WESLEYAN COLLEGE, INCORPORATED ($3,021,500).

The most active industry sector in Rocky mount was Personal Care Services with 242 loans worth $3.7M, followed by Accommodation and Food Services (98 loans).

Applicants in Rocky mount reported retaining 17,115 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.

Rocky mount 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.

Top Industries in Rocky mount

IndustryLoansTotal ApprovedForgiveness Rate
Personal Care ServicesNAICS 8121242$3.7M77.7%
Accommodation and Food ServicesNAICS 722598$23.8M94.9%
Services to Buildings and DwellingsNAICS 561748$1.0M89.6%
Religious OrganizationsNAICS 813143$2.0M97.7%
Residential Building ConstructionNAICS 236143$2.0M81.4%
General Freight TruckingNAICS 484142$1.2M83.3%
Other Personal ServicesNAICS 812940$961,18690.0%
Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 541239$1.3M97.4%
Building Equipment ContractorsNAICS 238234$6.5M94.1%
Automotive Repair and MaintenanceNAICS 811133$1.5M90.9%

Largest Named Recipients in Rocky mount

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
BODDIE-NOELL ENTERPRISES INCAccommodation and Food Services$10,000,000Yes
BOICE-WILLIS CLINIC, P.A.Offices of Physicians$4,558,200Yes
NORTH CAROLINA WESLEYAN COLLEGE, INCORPORATEDColleges, Universities, and Professional Schools$3,021,500Yes
TRANS-TECH ENERGY, LLCManufacturing$2,540,500Yes
FREEDOM INDUSTRIES INCBuilding Equipment Contractors$1,896,577Yes
FREEDOM INDUSTRIES, INC.Building Equipment Contractors$1,856,300Yes
BAY FOODS INCAccommodation and Food Services$1,702,300Yes
OPPORTUNITIES INDUSTRIALIZATION CENTER, INCORPORATEDSocial Advocacy Organizations$1,654,257Yes
COECO OFFICE SYSTEMS INCProfessional and Commercial Equipment Merchant Wholesalers$1,377,970Yes
BREWER FOODS, INCAccommodation and Food Services$1,335,500Yes
COECO OFFICE SYSTEMS INCProfessional and Commercial Equipment Merchant Wholesalers$1,259,900Yes
BHT ENTERPRISES LLCAccommodation and Food Services$1,095,500Yes
WADE-CARY ENTERPRISES, INC.Accommodation and Food Services$1,020,491Yes
DAUGHTRIDGE GAS & OIL COMPANYMining, Quarrying, and Oil and Gas Extraction$831,228Yes
PREMIER FORD LINCOLN MERCURY INCAutomobile Dealers$781,685Yes
ROCKY MOUNT ACADEMYElementary and Secondary Schools$775,400Yes
ROCKY MOUNT FAMILY MEDICAL CENTER, P. A.Offices of Physicians$743,600Yes
TRI-COUNTY INDUSTRIES, INC.Elementary and Secondary Schools$734,400Yes
ALLRED MECHANICAL SERVICES INCBuilding Equipment Contractors$729,000Yes
CAROLINA EAGLE DISTRIBUTING, INC.Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers$715,200Yes
CROWN LSP GROUP INCWarehousing and Storage$702,720Yes
HUDSON ROCKY MOUNT ACQUISITION, LLCAutomobile Dealers$656,800Yes
THE JAY GROUP LTD.Apparel, Piece Goods, and Notions Merchant Wholesalers$634,435Yes
JR'S MAINTENANCE SERVICE INCElectronic and Precision Equipment Repair and Maintenance$625,000Yes
DAVENPORT MOTOR COMPANY OF ROCKY MOUNT, INC.Automobile Dealers$624,900Yes

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