PPP Loan Data — Inman Mills,
Inman, SC
Inman Mills
Entity: Subchapter S Corporation
Industry: All Other Miscellaneous Textile Product Mills
Location: Inman, SC

Inman Mills is a subchapter s corporation located at 300 Park Rd in Inman, South Carolina that received a Coronavirus-related PPP loan from the SBA of $5,081,135.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
334Loan Approved:
2020-04-15Lender:
SOUTH STATE BANK, NATIONAL ASSOCIATIONInman Mills in Inman, SC received a Paycheck Protection Loan of $5.08M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Inman Mills' total 2019 payroll expenses were approximately $24.39M in order to qualify for the PPP loan amount received.
Based on their reported 334 jobs retained, this equals an estimated average yearly compensation of $73,022 per employee1.
Business Information - Inman Mills in Inman, SC
300 Park Rd
Inman, SC 29349
Business Industry
All Other Miscellaneous Textile Product Mills (NAICS code 314999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: SC-04Industry PPP Comparison Statistics
Nationwide, 1,679 businesses in the "All Other Miscellaneous Textile Product Mills" industry received a total of $266,289,361.00 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 14 employees, 96% lower than Inman Mills' reported 334 employees, and received an average PPP loan of $158,600, 97% lower than this company's loan of $5.08M.
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, and is published unmodified, as provided by the SBA.
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.
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