PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Eastern Industrial Supplies, Inc., Greenville, SC

SBA PPP loan data, payroll data, and salaries for Eastern Industrial Supplies, Inc.

Eastern Industrial Supplies, Inc.

Entity: Subchapter S Corporation

Industry: Industrial Supplies Merchant Wholesalers

Location: Greenville, SC

Search All PPP Data

Eastern Industrial Supplies, Inc. is a subchapter s corporation located at 11 Caledon Ct in Greenville, South Carolina that received a Coronavirus-related PPP loan from the SBA of $4,053,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Eastern Industrial Supplies, Inc. received a Paycheck Protection Loan of $4.05M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.

Based on standard PPP eligibility rules, Eastern Industrial Supplies, Inc.'s total 2019 payroll expenses were approximately $19.46M in order to qualify for the PPP loan amount received.

Based on their reported 326 jobs retained, this equals an estimated average yearly compensation of $59,682 per employee1.

Because the loan received by Eastern Industrial Supplies, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Eastern Industrial Supplies, Inc. in Greenville, SC

Eastern Industrial Supplies, Inc.
11 Caledon Ct
Greenville, SC 29615

Business Industry

Industrial Supplies Merchant Wholesalers (NAICS code 423840)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: SC-04

Similar Companies near Greenville

In the Greenville area, 2 businesses in the "Industrial Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 166 employees (compared to this company's 326) and received an average PPP loan of $2,045,558 (compared to this company's $4.05M).

Similar Nearby Businesses Who Received PPP Funding:

POE Supply Inc.
Greenville, SC

$37,715 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,186 businesses in the "Industrial Supplies Merchant Wholesalers" industry received a total of $780,956,963.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 13 employees, 96% lower than Eastern Industrial Supplies, Inc.'s reported 326 employees, and received an average PPP loan of $186,564, 95% lower than this company's loan of $4.05M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **