Hilton head island, SC — PPP Loan Data

Hilton head island, South Carolina received 1,935 Paycheck Protection Program loans totaling $145.8M. The average loan in the city was $75,326 — above the national program average of approximately $67,000.

95.9% of loans in Hilton head island — totaling $141.7M — 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 Hilton head island were THE GREENERY, INC. ($4,275,677), SDC PROPERTIES ($2,166,900), and ATLANTIC RESORT MANAGERS INC ($2,000,000).

The most active industry sector in Hilton head island was Accommodation and Food Services with 193 loans worth $33.3M, followed by Offices of Real Estate Agents and Brokers (122 loans).

Applicants in Hilton head island reported retaining 18,353 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.

Hilton head island 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.