Spartanburg, SC — PPP Loan Data

Spartanburg, South Carolina received 3,847 Paycheck Protection Program loans totaling $308.3M. The average loan in the city was $80,138 — above the national program average of approximately $67,000.

89.7% of loans in Spartanburg — totaling $300.7M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Spartanburg were SOUTHEASTERN PAPER GROUP INC ($6,705,461), SPARTANBURG STEEL PRODUCTS, INC. ($5,697,500), and POLYDECK SCREEN CORPORATION ($4,043,159).

The most active industry sector in Spartanburg was Personal Care Services with 469 loans worth $7.6M, followed by Services to Buildings and Dwellings (153 loans).

Applicants in Spartanburg reported retaining 35,720 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Spartanburg is part of South Carolina, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.