PPP Loan Data — Thompson Industrial Services, LLC, Sumter, SC
Thompson Industrial Services, LLC is a corporation located at 104 N Main St in Sumter, South Carolina that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Thompson Industrial Services, LLC received a Paycheck Protection Loan of $10M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thompson Industrial Services, LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Thompson Industrial Services, LLC in Sumter, SC
104 N Main St
Sumter, SC 29150
All Other Miscellaneous Waste Management Services (NAICS code 562998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: SC-06
Industry PPP Comparison Statistics
Nationwide, 1,932 businesses in the "All Other Miscellaneous Waste Management Services" industry received a total of $234,738,876.00 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 11 employees, 98% lower than Thompson Industrial Services, LLC's reported 500 employees, and received an average PPP loan of $121,500, 99% lower than this company's loan of $10M.
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Footnotes & Information
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