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PPP Loan Data — Dimex LLC, Marietta, OH

SBA PPP loan data, payroll data, and salaries for Dimex LLC
OH

Dimex LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Plastics Product Manufacturing

Location: Marietta, OH

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Dimex LLC is a limited liability company (LLC) located at 28305 State Route 7 in Marietta, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,807,925.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.81M

Jobs Retained:

223

Loan Approved:

2020-04-07

Lender:

PEOPLES BANK

Dimex LLC received a Paycheck Protection Loan of $2.81M through PEOPLES BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Dimex LLC's total 2019 payroll expenses were approximately $13.48M in order to qualify for the PPP loan amount received.

Based on their reported 223 jobs retained, this equals an estimated average yearly compensation of $60,440 per employee1.

Because the loan received by Dimex LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Dimex LLC in Marietta, OH

Dimex LLC
28305 State Route 7
Marietta, OH 45750

Business Industry

All Other Plastics Product Manufacturing (NAICS code 326199)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-06

Similar Companies near Marietta

In the Marietta area, 2 businesses in the "All Other Plastics Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 121 employees (compared to this company's 223) and received an average PPP loan of $1,523,046 (compared to this company's $2.81M).

Similar Nearby Businesses Who Received PPP Funding:

ARC Resin Corporation
Marietta, OH

$238,167 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,247 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1,252,980,223.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 33 employees, 85% lower than Dimex LLC's reported 223 employees, and received an average PPP loan of $385,889, 86% lower than this company's loan of $2.81M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/dimex-llc-marietta-oh