PPP Loan Data — Direct Marketing Solution, Inc., Portland, OR
Direct Marketing Solution, Inc. is a corporation located at 8534 Ne Alderwood Rd in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,937,558.00 in April, 2020.
$ PPP Loan Information
Lender:TCF NATIONAL BANK
Direct Marketing Solution, Inc. received a Paycheck Protection Loan of $3.94M through TCF NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Direct Marketing Solution, Inc.'s total 2019 payroll expenses were approximately $18.9M in order to qualify for the PPP loan amount received.
Based on their reported 316 jobs retained, this equals an estimated average yearly compensation of $59,811 per employee1.
Business Information - Direct Marketing Solution, Inc. in Portland, OR
8534 Ne Alderwood Rd
Portland, OR 97220
Marketing Consulting Services (NAICS code 541613)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-03
Similar Companies near Portland
In the Portland area, 10 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 316) and received an average PPP loan of $441,639 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
Jessica Lynne Henkle
JAD A. Simpson
Todd Mansfield LLC
Viola Wax Consulting
GEE Automotive Deg LLC
Strategic Marketing Inc
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 Direct Marketing Solution, Inc.'s reported 316 employees, and received an average PPP loan of $63,971, 98% lower than this company's loan of $3.94M.
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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