Berkeley springs, WV — PPP Loan Data

Berkeley springs, West Virginia received 297 Paycheck Protection Program loans totaling $13.2M. The average loan in the city was $44,595 — below the national program average of approximately $67,000.

96.3% of loans in Berkeley springs — totaling $12.6M — 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 Berkeley springs were STS INTERNATIONAL, INC. ($1,558,129), STS INTERNATIONAL INC. ($1,558,129), and CAPERTON FURNITUREWORKS LLC ($1,278,921).

The most active industry sector in Berkeley springs was Accommodation and Food Services with 22 loans worth $1.1M, followed by General Freight Trucking (15 loans).

Applicants in Berkeley springs reported retaining 1,790 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.

Berkeley springs is part of West Virginia, 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.