PPP Loan Data — Dimensional Insight Holdings Inc, Burlington, MA
Dimensional Insight Holdings Inc
Location: Burlington, MATweet This • Search All PPP Data
Dimensional Insight Holdings Inc is a corporation located at 60 Mall Rd Ste 210 in Burlington, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $1,588,500.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 104 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Cambridge Savings Bank
Dimensional Insight Holdings Inc in Burlington, MA received a Paycheck Protection Loan of $1.59M through Cambridge Savings Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Dimensional Insight Holdings Inc's 2019 payroll expenses are estimated to be at least $7.62M.
Based on their reported 104 jobs retained, this equals an estimated average yearly compensation of $73,315 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dimensional Insight Holdings Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,588,500
Business Information - Dimensional Insight Holdings Inc in Burlington, MA
60 Mall Rd Ste 210
Burlington, MA 1803
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
NAICS code 423430
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Burlington
In the Burlington area, 6 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 104) and received an average PPP loan of $557,511 (compared to this company's $1.59M).
Similar Nearby Businesses Who Received PPP Funding:
Dimensional Insight Inc
Industry PPP Comparison Statistics
Nationwide, 4,479 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $695.57M 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 12 employees, 88% lower than Dimensional Insight Holdings Inc's reported 104 employees, and received an average PPP loan of $155,296, 90% lower than this company's loan of $1.59M.
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Footnotes & Information
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