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PPP Loan Data — Divine Capital Markets LLC, New York, NY

SBA PPP loan data, payroll data, and salaries for Divine Capital Markets LLC

Divine Capital Markets LLC

Entity: Limited Liability Company (LLC)

Industry: Securities Brokerage

Location: New York, NY

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Divine Capital Markets LLC is a limited liability company (LLC) located at 39 Broadway, in New York, New York that received a Coronavirus-related PPP loan from the SBA of $105,625.00 in May, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Divine Capital Markets LLC received a Paycheck Protection Loan of $105,625 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Divine Capital Markets LLC's total 2019 payroll expenses were approximately $507,000 in order to qualify for the PPP loan amount received.

Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $84,500 per employee1.

Business Information - Divine Capital Markets LLC in New York, NY

Divine Capital Markets LLC
39 Broadway,
New York, NY 10006

Business Industry

Securities Brokerage (NAICS code 523120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-10

Similar Companies near New York

In the New York area, 26 businesses in the "Securities Brokerage" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 6) and received an average PPP loan of $460,821 (compared to this company's $105,625).

Industry PPP Comparison Statistics

Nationwide, 3,089 businesses in the "Securities Brokerage" industry received a total of $262,454,625.00 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 5 employees, 17% lower than Divine Capital Markets LLC's reported 6 employees, and received an average PPP loan of $84,964, 20% lower than this company's loan of $105,625.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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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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