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PPP Loan Data — Sharpline Converting, Inc., Wichita, KS

SBA PPP loan data, payroll data, and salaries for Sharpline Converting, Inc.

Sharpline Converting, Inc.

Entity: Corporation

Industry: All Other Miscellaneous Textile Product Mills

Location: Wichita, KS

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Sharpline Converting, 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 - Sharpline Converting, Inc. in Wichita, KS

Sharpline Converting, Inc.
1520 S Tyler Rd
Wichita, KS 67209

Business Industry

All Other Miscellaneous Textile Product Mills (NAICS code 314999)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: NON-VETERAN

Congressional 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).

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.

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.

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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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