Nitro, WV — PPP Loan Data
160 loans · $23.2M total · 91.9% forgiven
Nitro, West Virginia received 160 Paycheck Protection Program loans totaling $23.2M. The average loan in the city was $145,039 — above the national program average of approximately $67,000.
91.9% of loans in Nitro — totaling $22.9M — 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 Nitro were NITRO CONSTRUCTION SERVICES, INC. ($4,000,000), GINO'S DISTRIBUTING, INC. ($1,937,422), and VARIETY RESTAURANT GROUP LLC ($1,333,718).
The most active industry sector in Nitro was Accommodation and Food Services with 15 loans worth $5.1M, followed by Personal Care Services (10 loans).
Applicants in Nitro reported retaining 3,267 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.
Nitro 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 Nitro
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Accommodation and Food ServicesNAICS 7225 | 15 | $5.1M | 80.0% |
| Personal Care ServicesNAICS 8121 | 10 | $60,158 | 100.0% |
| Religious OrganizationsNAICS 8131 | 7 | $318,842 | 85.7% |
| Offices of Other Health PractitionersNAICS 6213 | 5 | $338,099 | 100.0% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | $159,634 | 100.0% |
| Activities Related to Real EstateNAICS 5313 | 5 | $198,007 | 100.0% |
| Other Miscellaneous RetailersNAICS 4539 | 5 | $35,157 | 80.0% |
| Building Equipment ContractorsNAICS 2382 | 5 | $849,800 | 100.0% |
| Automotive Repair and MaintenanceNAICS 8111 | 4 | $905,797 | 100.0% |
| Lessors of Real EstateNAICS 5311 | 4 | $39,447 | 100.0% |
Largest Named Recipients in Nitro
Only loans ≥ $150,000 have publicly disclosed borrower names.