Kingwood, WV — PPP Loan Data
150 loans · $18.1M total · 97.3% forgiven
Kingwood, West Virginia received 150 Paycheck Protection Program loans totaling $18.1M. The average loan in the city was $120,593 — above the national program average of approximately $67,000.
97.3% of loans in Kingwood — totaling $18.0M — 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 Kingwood were PRESTON CONTRACTORS, INC. ($4,576,623), PRESTON MEMORIAL HOSPITAL CORPORATION ($3,404,920), and MOUNTAINEER CONTRACTORS, INC. ($1,736,923).
The most active industry sector in Kingwood was Accommodation and Food Services with 11 loans worth $499,539, followed by Religious Organizations (5 loans).
Applicants in Kingwood reported retaining 1,979 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.
Kingwood 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.
Top Industries in Kingwood
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Accommodation and Food ServicesNAICS 7225 | 11 | $499,539 | 90.9% |
| Religious OrganizationsNAICS 8131 | 5 | $74,562 | 100.0% |
| Personal Care ServicesNAICS 8121 | 5 | $18,067 | 100.0% |
| Automotive Repair and MaintenanceNAICS 8111 | 5 | $122,681 | 80.0% |
| General Freight TruckingNAICS 4841 | 5 | $528,878 | 100.0% |
| Automobile DealersNAICS 4411 | 5 | $751,153 | 100.0% |
| Other Specialty Trade ContractorsNAICS 2389 | 5 | $4.9M | 100.0% |
| Child Day Care ServicesNAICS 6244 | 4 | $42,820 | 100.0% |
| Offices of Other Health PractitionersNAICS 6213 | 4 | $398,432 | 100.0% |
| Mining, Quarrying, and Oil and Gas ExtractionNAICS 2131 | 4 | $204,550 | 50.0% |
Largest Named Recipients in Kingwood
Only loans ≥ $150,000 have publicly disclosed borrower names.