Point pleasant, WV — PPP Loan Data
143 loans · $17.9M total · 97.2% forgiven
Point pleasant, West Virginia received 143 Paycheck Protection Program loans totaling $17.9M. The average loan in the city was $124,871 — above the national program average of approximately $67,000.
97.2% of loans in Point pleasant — 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 Point pleasant were PLEASANT VALLEY HOSPITAL INC ($6,524,390), FRUTH INC ($3,445,910), and AB CONTRACTING ($881,666).
The most active industry sector in Point pleasant was Legal Services with 10 loans worth $421,670, followed by Offices of Real Estate Agents and Brokers (9 loans).
Applicants in Point pleasant reported retaining 2,162 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.
Point pleasant 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 Point pleasant
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Legal ServicesNAICS 5411 | 10 | $421,670 | 100.0% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 9 | $103,390 | 100.0% |
| Personal Care ServicesNAICS 8121 | 7 | $21,653 | 100.0% |
| Accommodation and Food ServicesNAICS 7225 | 6 | $256,431 | 100.0% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 6 | $139,481 | 100.0% |
| Residential Building ConstructionNAICS 2361 | 6 | $47,883 | 83.3% |
| Offices of PhysiciansNAICS 6211 | 5 | $245,217 | 100.0% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | $111,692 | 100.0% |
| Automotive Repair and MaintenanceNAICS 8111 | 4 | $25,276 | 75.0% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 4 | $656,230 | 100.0% |
Largest Named Recipients in Point pleasant
Only loans ≥ $150,000 have publicly disclosed borrower names.