Princeton, WV — PPP Loan Data

Princeton, West Virginia received 635 Paycheck Protection Program loans totaling $43.4M. The average loan in the city was $68,296 — above the national program average of approximately $67,000.

95.9% of loans in Princeton — totaling $42.7M — 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 Princeton were MOHEGAN ENERGY TRUSTEES LLC ($3,003,200), SOUTHERN HIGHLANDS COMMUNITY MENTAL HEALTH CENTER INC. ($1,952,200), and RAMEY MOTORS, INC. ($1,512,606).

The most active industry sector in Princeton was Personal Care Services with 39 loans worth $549,259, followed by Offices of Physicians (29 loans).

Applicants in Princeton reported retaining 5,376 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.

Princeton 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.