PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Direct Marketing Solution, Inc., Portland, OR

SBA PPP loan data, payroll data, and salaries for Direct Marketing Solution, Inc.
OR

Direct Marketing Solution, Inc.

Entity: Corporation

Industry: Marketing Consulting Services

Location: Portland, OR

Search All PPP Data

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

Loan Size:

$3.94M

Jobs Retained:

316

Loan Approved:

2020-04-13

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.

Because the loan received by Direct Marketing Solution, Inc. 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 - Direct Marketing Solution, Inc. in Portland, OR

Direct Marketing Solution, Inc.
8534 Ne Alderwood Rd
Portland, OR 97220

Business Industry

Marketing Consulting Services (NAICS code 541613)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/direct-marketing-solution-inc-portland-or