PPP Loan Data — Sharpline Converting, Inc., Wichita, KS
Sharpline Converting, Inc. is a corporation located at 1520 S Tyler Rd in Wichita, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,542,527.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 315 people during the applicable loan loan period.
$ PPP Loan Information
Lender:INTRUST BANK, NATIONAL ASSOCIATION
Sharpline Converting, Inc. in Wichita, KS received a Paycheck Protection Loan of $2.54M through INTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sharpline Converting, Inc.'s total 2019 payroll expenses were approximately $12.2M in order to qualify for the PPP loan amount received.
Based on their reported 315 jobs retained, this equals an estimated average yearly compensation of $38,743 per employee1.
Business Information - Sharpline Converting, Inc. in Wichita, KS
1520 S Tyler Rd
Wichita, KS 67209
All Other Miscellaneous Textile Product Mills (NAICS code 314999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: KS-04
Similar Companies near Wichita
In the Wichita area, 3 businesses in the "All Other Miscellaneous Textile Product Mills" industry received a PPP loan. These local businesses reported an average of 108 employees (compared to this company's 315) and received an average PPP loan of $876,461 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
Graphic Markings Inc
Oilfield Shelters, Inc
Industry 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 Sharpline Converting, Inc.'s reported 315 employees, and received an average PPP loan of $158,600, 94% lower than this company's loan of $2.54M.
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Footnotes & Information
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