FederalPay.org
PPP Loan Data — Diamond Technical Services, Inc.,
Blairsville, PA
Diamond Technical Services, Inc.
Entity: Subchapter S Corporation
Industry: Engineering Services
Location: Blairsville, PA
Tweet This
•
Search All PPP Data
Diamond Technical Services, Inc. is a subchapter s corporation located at 163 West Burrell Street Ext in Blairsville, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,095,360.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 180 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
180Loan Approved:
2020-04-13Lender:
S & T BANKDiamond Technical Services, Inc. received a Paycheck Protection Loan of $3.1M through S & T BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Diamond Technical Services, Inc.'s total 2019 payroll expenses were approximately $14.86M in order to qualify for the PPP loan amount received.
Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $82,543 per employee1.
Business Information - Diamond Technical Services, Inc. in Blairsville, PA
163 West Burrell Street Ext
Blairsville, PA 15717
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: PA-15Similar Companies near Blairsville
In the Blairsville area, 4 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 180) and received an average PPP loan of $816,696 (compared to this company's $3.1M).
Similar Nearby Businesses Who Received PPP Funding:
Geological Engineering Services Inc AKA Geological Engine
Blairsville, PA
Diamond Engineering Associates, LLC
Blairsville, PA
KDH Consulting Engineers Inc
Blairsville, PA
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 92% lower than Diamond Technical Services, Inc.'s reported 180 employees, and received an average PPP loan of $249,856, 92% lower than this company's loan of $3.1M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!