PPP Loan Data — DG3 North America Inc,
Jersey City, NJ
DG3 North America Inc
Entity: Corporation
Industry: Marketing Consulting Services
Location: Jersey City, NJ

DG3 North America Inc is a corporation located at 100 Burma Rd in Jersey City, New Jersey that received a Coronavirus-related PPP loan from the SBA of $5,402,700.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 319 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
319Loan Approved:
2020-04-27Lender:
PEAPACK-GLADSTONE BANKDG3 North America Inc received a Paycheck Protection Loan of $5.4M through PEAPACK-GLADSTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, DG3 North America Inc's total 2019 payroll expenses were approximately $25.93M in order to qualify for the PPP loan amount received.
Based on their reported 319 jobs retained, this equals an estimated average yearly compensation of $81,295 per employee1.
Business Information - DG3 North America Inc in Jersey City, NJ
100 Burma Rd
Jersey City, NJ 7305
Business Industry
Marketing Consulting Services (NAICS code 541613)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: Unreported
Veteran Status: NON-VETERAN
Congressional District: NJ-08Similar Companies near Jersey City
In the Jersey City area, 11 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 319) and received an average PPP loan of $510,875 (compared to this company's $5.4M).
Similar Nearby Businesses Who Received PPP Funding:
Chioma Nkachukwu
Jersey City, NJ
Shamara Judson
Jersey City, NJ
Paradigm Way, LLC
Jersey City, NJ
Susan Morales
Jersey City, NJ
Arvin Lal
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Frank Glover Productions Inc
Jersey City, NJ
T.R.M. Consulting Inc.
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Crush It Enterprises, LLC
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Industry PPP Comparison Statistics
Nationwide, 30,514 businesses in the "Marketing Consulting Services" industry received a total of $1,952,010,997.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than DG3 North America Inc's reported 319 employees, and received an average PPP loan of $63,971, 99% lower than this company's loan of $5.4M.
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.
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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