Wilmington, NC — PPP Loan Data

Wilmington, North Carolina received 7,156 Paycheck Protection Program loans totaling $508.4M. The average loan in the city was $71,041 — above the national program average of approximately $67,000.

95.5% of loans in Wilmington — totaling $504.0M — 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 Wilmington were WILMINGTON HEALTH, PLLC ($9,086,942), LOWER CAPE FEAR HOSPICE INCORPORATED ($5,070,181), and MEGACORP LOGISTICS, LLC ($4,003,100).

The most active industry sector in Wilmington was Accommodation and Food Services with 494 loans worth $54.6M, followed by Personal Care Services (376 loans).

Applicants in Wilmington reported retaining 67,695 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.

Wilmington 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.