Morgantown, WV — PPP Loan Data
2,373 loans · $166.7M total · 96.7% forgiven
Morgantown, West Virginia received 2,373 Paycheck Protection Program loans totaling $166.7M. The average loan in the city was $70,261 — above the national program average of approximately $67,000.
96.7% of loans in Morgantown — totaling $164.4M — 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 Morgantown were NEXTGEN FEDERAL SYSTEMS LLC ($3,005,400), ANDERSON EXCAVATING LLC ($2,800,249), and ANDERSON EXCAVATING LLC ($2,000,000).
The most active industry sector in Morgantown was Accommodation and Food Services with 175 loans worth $18.2M, followed by Personal Care Services (140 loans).
Applicants in Morgantown reported retaining 22,462 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.
Morgantown 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 Morgantown
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Accommodation and Food ServicesNAICS 7225 | 175 | $18.2M | 97.7% |
| Personal Care ServicesNAICS 8121 | 140 | $3.0M | 90.7% |
| Legal ServicesNAICS 5411 | 99 | $4.3M | 99.0% |
| Offices of Other Health PractitionersNAICS 6213 | 86 | $4.6M | 100.0% |
| Residential Building ConstructionNAICS 2361 | 83 | $2.4M | 96.4% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 70 | $1.4M | 97.1% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 68 | $4.1M | 97.1% |
| Services to Buildings and DwellingsNAICS 5617 | 66 | $2.4M | 98.5% |
| Lessors of Real EstateNAICS 5311 | 57 | $2.2M | 100.0% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 52 | $2.4M | 90.4% |
Largest Named Recipients in Morgantown
Only loans ≥ $150,000 have publicly disclosed borrower names.