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UPDATE: APPLICATIONS SUBMITTED...2020/09/21  · Wilkes Tyrrell Stokes Gates Clay Alleghany Caswell...

Date post: 12-Nov-2020
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Rockingham Jackson Haywood Davidson Dare Craven Transylvania Stanly Rutherford Randolph Person Halifax Franklin Edgecombe Cleveland Burke Washington Warren Tyrrell Swain Stokes Polk Northampton Montgomery Mitchell Martin Madison Hyde Hertford Gates Currituck Clay Cherokee Caswell Caldwell Anson Alleghany Alexander Wilson Rowan Pender Moore Harnett Chatham Carteret Wilkes Watauga Vance Surry Scotland Pasquotank McDowell Macon Lincoln Lenoir Lee Hoke Granville Columbus Beaufort Yancey Yadkin Sampson Richmond Perquimans Pamlico Jones Greene Graham Duplin Davie Chowan Camden Bladen Bertie Avery Ashe Buncombe Mecklenburg Union Johnston New Hanover Cumberland Forsyth Guilford Wake Pitt Durham Orange Alamance Nash Iredell Catawba Henderson Robeson Cabarrus Gaston Brunswick Wayne Onslow 1 to 25 26 to 50 51 to 75 76 to 100 Over 100 NC COVID-19 Rapid Recovery UPDATE: APPLICATIONS SUBMITTED APPLICATION DATA AS OF 9/21/20* STATEWIDE SUMMARY PARTNER ORGANIZATIONS DISTRIBUTION OF LOAN APPLICATIONS from 100 counties 9,319 APPLICATIONS $288,419,913 $30,950 TOTAL REQUESTED AVERAGE REQUESTED *Data includes processed applications and withdrawn, duplicate, and ineligible requests. Health Care 5% Manufacturing 4% Arts, Entertainment, and Recreation 6% Construction 6% Professional Services 9% BREAKDOWN BY INDUSTRY DEMOGRAPHICS Other 3.2% Asian 4.9% American Indian 0.8% Latino or Hispanic 5.7% White 56.5% Black or African American 28.9% Accommodation & Food Services 18% All Others 23% Retail Trade 11% Other Services 18% 1 to 25 26 to 50 51 to 75 76 to 100 Over 100
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Page 1: UPDATE: APPLICATIONS SUBMITTED...2020/09/21  · Wilkes Tyrrell Stokes Gates Clay Alleghany Caswell Henderson Gaston Harnett Catawba Yancey Wayne Washington Warren Transylvania Swain

Rockingham

Jackson

Haywood

Davidson Dare

Craven

Transylvania

Stanly

Rutherford

Randolph

Person

Halifax

Franklin

Edgecombe

Cleveland

Burke

Washington

Warren

Tyrrell

Swain

Stokes

Polk

Northampton

Montgomery

Mitchell

MartinMadison

Hyde

Hertford

GatesCurrituck

Clay

Cherokee

Caswell

Caldwell

Anson

Alleghany

Alexander

WilsonRowan

Pender

Moore

Harnett

Chatham

Carteret

WilkesWatauga

VanceSurry

Scotland

Pasquotank

McDowell

Macon

Lincoln

Lenoir

Lee

Hoke

Granville

Columbus

Beaufort

Yancey

Yadkin

SampsonRichmond

Perquimans

PamlicoJones

Greene

Graham

Duplin

Davie

Chowan

Camden

Bladen

BertieAvery

Ashe

Buncombe

Mecklenburg

Union

Johnston

New

Hanover

Cumberland

ForsythGuilford

Wake

Pitt

Durham

Orange

Alamance Nash

Iredell

Catawba

Henderson

Robeson

CabarrusGaston

Brunswick

Wayne

Onslow

1 to 2526 to 5051 to 7576 to 100Over 100

NC COVID-19 Rapid Recovery UPDATE: APPLICATIONS SUBMITTED

APPLICATION DATA AS OF 9/21/20*

STATEWIDE SUMMARY

PARTNER ORGANIZATIONS

DISTRIBUTION OF LOAN APPLICATIONS

from 100 counties

9,319 APPLICATIONS

$288,419,913 $30,950TOTAL REQUESTED AVERAGE REQUESTED

*Data includes processed applications and withdrawn, duplicate, and ineligible requests.

Health Care 5%

Manufacturing 4%

Arts, Entertainment, and Recreation

6%

Construction 6%

Professional Services

9%

BREAKDOWN BY INDUSTRY DEMOGRAPHICS

Other 3.2%

Asian 4.9%

American Indian 0.8%

Latino or Hispanic 5.7%

White56.5%

Black orAfrican

American28.9%

Accommodation & Food Services

18%

All Others23%

Retail Trade11%

OtherServices18%

Rockingham

Jackson

Haywood

Davidson Dare

Craven

Transylvania

Stanly

Rutherford

Randolph

Person

Halifax

Franklin

Edgecombe

Cleveland

Burke

Washington

Warren

Tyrrell

Swain

Stokes

Polk

Northampton

Montgomery

Mitchell

MartinMadison

Hyde

Hertford

GatesCurrituck

Clay

Cherokee

Caswell

Caldwell

Anson

Alleghany

Alexander

WilsonRowan

Pender

Moore

Harnett

Chatham

Carteret

WilkesWatauga

VanceSurry

Scotland

Pasquotank

McDowell

Macon

Lincoln

Lenoir

Lee

Hoke

Granville

Columbus

Beaufort

Yancey

Yadkin

SampsonRichmond

Perquimans

PamlicoJones

Greene

Graham

Duplin

Davie

Chowan

Camden

Bladen

BertieAvery

Ashe

Buncombe

Mecklenburg

Union

Johnston

New

Hanover

Cumberland

ForsythGuilford

Wake

Pitt

Durham

Orange

Alamance Nash

Iredell

Catawba

Henderson

Robeson

CabarrusGaston

Brunswick

Wayne

Onslow

1 to 2526 to 5051 to 7576 to 100Over 100

Page 2: UPDATE: APPLICATIONS SUBMITTED...2020/09/21  · Wilkes Tyrrell Stokes Gates Clay Alleghany Caswell Henderson Gaston Harnett Catawba Yancey Wayne Washington Warren Transylvania Swain

Wilkes

Tyrrell

Stokes Gates

Clay

CaswellAlleghany

Henderson HarnettGaston

Catawba

Yancey

Wayne

Washington

Warren

Transylvania

Swain

Surry

Stanly

Rutherford

Rockingham

Randolph

Polk

Northampton

MooreMontgomery

Mitchell

Madison

Lincoln

Jones

Jackson

Haywood

HalifaxGranville

Franklin

Duplin

Davidson Dare

Currituck

CravenClevelandCherokee

Caldwell

Cabarrus

Burke

Avery

Anson

Alexander

Richmond

Person

Perquimans

Hoke

Davie

Camden

Bertie

Union

Robeson

Yadkin

Wilson

Watauga

Vance

Scotland

Sampson

Rowan

Pender

Pasquotank

Pamlico

Onslow

Nash

McDowell

Martin

MaconLenoir

Lee Johnston

Iredell

Hyde

Hertford

Greene

Graham

Edgecombe

Columbus

Chowan

Chatham

Carteret

Brunswick

Bladen

Beaufort

Ashe

Buncombe

Mecklenburg

Wake

Guilford

Alamance

Orange

Durham

Pitt

New

Hanover

Forsyth

Cumberland

1 to 910 to 2021 to 198No Loans

Wilkes

Tyrrell

Stokes Gates

Clay

CaswellAlleghany

Henderson HarnettGaston

Catawba

Yancey

Wayne

Washington

Warren

Transylvania

Swain

Surry

Stanly

Rutherford

Rockingham

Randolph

Polk

Northampton

MooreMontgomery

Mitchell

Madison

Lincoln

Jones

Jackson

Haywood

HalifaxGranville

Franklin

Duplin

Davidson Dare

Currituck

CravenClevelandCherokee

Caldwell

Cabarrus

Burke

Avery

Anson

Alexander

Richmond

Person

Perquimans

Hoke

Davie

Camden

Bertie

Union

Robeson

Yadkin

Wilson

Watauga

Vance

Scotland

Sampson

Rowan

Pender

Pasquotank

Pamlico

Onslow

Nash

McDowell

Martin

MaconLenoir

Lee Johnston

Iredell

Hyde

Hertford

Greene

Graham

Edgecombe

Columbus

Chowan

Chatham

Carteret

Brunswick

Bladen

Beaufort

Ashe

Buncombe

Mecklenburg

Wake

Guilford

Alamance

Orange

Durham

Pitt

New

Hanover

Forsyth

Cumberland

1 to 910 to 2021 to 198No Loans

NC COVID-19 Rapid Recovery UPDATE: LOANS APPROVED

DATA AS OF 9/21/20

DISTRIBUTION OF LOANS

1,120APPROVALS

JOBS7,257 RETAINED BY BUSINESSES WITH $195,893,267 MILLION IN ANNUAL WAGES

64%Percentage of borrowers that are minority or female-owned, Historically Underutilized Businesses.Approximately 31 percent of employer businesses in North Carolina meet this definition.*

*NC Data sourced from US Census Bureau 2017 Statistics of US Businesses for firms with classified data. Racial classifications are non-Hispanic.

3,905WITH 1,120 APPROVED, 693 DECLINED, AND 2,092 WITHDRAWN OR PENDING DOCUMENTATION

APPLICATIONS PROCESSED

HISTORICALLY UNDERUTILIZED BUSINESS BORROWERS

HUB64%

All Others36%

LOANS BY BUSINESS SIZE

1-9Employees

79%

50 or MoreEmployees2%

10-49Employees

19%

BUSINESS DEMOGRAPHICS

WHITEASIAN AMERICAN INDIAN

LATINO OR HISPANIC

BLACK OR AFRICAN-AMERICAN

OTHER86.3%5.9%NORTH

CAROLINA 0.6%3.1%3.6% 0.7%66.7%7.2%

RAPID RECOVERY

LOANS 0.7%5.7%19.3% 0.4%

$40,400,468 $36,072TOTAL LOAN AMOUNT AVERAGE LOAN AMOUNT


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