Mount pleasant, SC — PPP Loan Data

Mount pleasant, South Carolina received 3,729 Paycheck Protection Program loans totaling $247.4M. The average loan in the city was $66,339 — above the national program average of approximately $67,000.

95.8% of loans in Mount pleasant — totaling $238.7M — 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 Mount pleasant were MOTLEY RICE, LLC ($7,034,400), BGI, LLC ($6,324,228), and JOHNSON & JOHNSON, INC. ($5,631,450).

The most active industry sector in Mount pleasant was Accommodation and Food Services with 205 loans worth $32.1M, followed by Offices of Real Estate Agents and Brokers (203 loans).

Applicants in Mount pleasant reported retaining 29,624 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.

Mount pleasant 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.