Beaufort, SC — PPP Loan Data

Beaufort, South Carolina received 1,537 Paycheck Protection Program loans totaling $74.7M. The average loan in the city was $48,573 — below the national program average of approximately $67,000.

92.1% of loans in Beaufort — totaling $71.9M — 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 Beaufort were VENTURE INC OF BEAUFORT ($2,598,407), J. H, HIERS CONSTRUCTION LLC ($1,893,800), and J.H. HIERS CONSTRUCTION LLC ($1,891,900).

The most active industry sector in Beaufort was Personal Care Services with 126 loans worth $1.8M, followed by Services to Buildings and Dwellings (106 loans).

Applicants in Beaufort reported retaining 9,826 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.

Beaufort is part of South 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.