PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — DG Mcdermott Associates LLC, Red Bank, NJ

ALERT: There are 2 PPP loans for a total of $38,169 in our database for businesses with the name "DG Mcdermott Associates LLC" in Red Bank, NJ. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for DG Mcdermott Associates LLC
NJ

DG Mcdermott Associates LLC

Entity: Limited Liability Company (LLC)

Industry: Human Resources Consulting Services

Location: Red Bank, NJ

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DG Mcdermott Associates LLC is a limited liability company (LLC) located in Red Bank, New Jersey that received a Coronavirus-related PPP loan from the SBA of $18,932.00 in February, 2021.

$ PPP Loan Information
Loan #8493678410

Loan Size:

$18,932

Jobs Retained:

1

Loan Approved:

2021-02-13

Loan Status:

Ongoing Loan

Lender:

TD Bank, National Association

DG Mcdermott Associates LLC in Red Bank, NJ received a Paycheck Protection Loan of $18,932 through TD Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, DG Mcdermott Associates LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $18,932

Business Information - DG Mcdermott Associates LLC in Red Bank, NJ

DG Mcdermott Associates LLC
Red Bank, NJ
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Human Resources Consulting Services
NAICS code 541612

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Monmouth County, NJ — SBA Office 0299 — Congressional District: NJ-04

Similar Companies near Red Bank

In the Red Bank area, 3 businesses in the "Human Resources Consulting Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $359,877 (compared to this company's $18,932).

Industry PPP Comparison Statistics

Nationwide, 10,577 businesses in the "Human Resources Consulting Services" industry received a total of $842.84M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 7 employees, 600% higher than DG Mcdermott Associates LLC's reported 1 employees, and received an average PPP loan of $79,686, 321% higher than this company's loan of $18,932.

SBA PPP loan data, payroll data, and salaries for DG Mcdermott Associates LLC
NJ

DG Mcdermott Associates LLC

Entity: Limited Liability Company (LLC)

Industry:

Location: Red Bank, NJ

Search All PPP Data

DG Mcdermott Associates LLC is a limited liability company (LLC) located in Red Bank, New Jersey that received a Coronavirus-related PPP loan from the SBA of $19,237.00 in May, 2020.

$ PPP Loan Information
Loan #4206197706

Loan Size:

$19,237

Jobs Retained:

1

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

TD Bank, National Association

DG Mcdermott Associates LLC in Red Bank, NJ received a Paycheck Protection Loan of $19,237 through TD Bank, National Association, which was approved in May, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, DG Mcdermott Associates LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $19,237

Business Information - DG Mcdermott Associates LLC in Red Bank, NJ

DG Mcdermott Associates LLC
Red Bank, NJ
* Full address is redacted to protect the privacy of individuals.

Business Industry:

NAICS code

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Monmouth County, NJ — SBA Office 0299 — Congressional District: NJ-04

Industry PPP Comparison Statistics

Nationwide, 0 businesses in the "" industry received a total of $0 in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 0 employees, 100% lower than DG Mcdermott Associates LLC's reported 1 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $19,237.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/dg-mcdermott-associates-llc-red-bank-nj