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HB2 doesn’t derail Lending Tree’s plans

State officials say LendingTree plans to more than double its presence in North Carolina’s largest city, a move that comes after other businesses decided not to locate there because of legislation limiting protections for LGBT people.

Commerce Secretary John Skvarla announced Wednesday that the online service that matches borrowers with lenders creating 314 jobs over five years to double its Charlotte workforce. Skvarla said the expansion is aided by a grant of nearly $4.9 million.

Salaries at the company will average $81,857, well above Mecklenburg County’s overall average wage of $61,275 per year.

Pay Pal canceled a 400-job expansion in Charlotte over House Bill 2. Last month, real estate research firm CoStar Group said it was locating 732 jobs in Richmond, Virginia, based on HB2.

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