PPP Loan Data — Diamond Technical Services, Inc., Blairsville, PA
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
Lender:S & T BANK
Diamond 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
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: PA-15
Similar 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
Diamond Engineering Associates, LLC
KDH Consulting Engineers Inc
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.
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