PPP Loan Data — DIY Media Group, Inc., Pennsauken, NJ
DIY Media Group, Inc.
Location: Pennsauken, NJTweet This • Search All PPP Data
DIY Media Group, Inc. is a corporation located at 7905 N Route in Pennsauken, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,636,900.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
DIY Media Group, Inc. in Pennsauken, NJ received a Paycheck Protection Loan of $3.64M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, DIY Media Group, Inc.'s total 2019 payroll expenses were approximately $17.46M in order to qualify for the PPP loan amount received.
Based on their reported 283 jobs retained, this equals an estimated average yearly compensation of $61,686 per employee1.
Business Information - DIY Media Group, Inc. in Pennsauken, NJ
7905 N Route
Pennsauken, NJ 8110
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing (NAICS code 334614)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-01
Industry PPP Comparison Statistics
Nationwide, 1,105 businesses in the "Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing" industry received a total of $129,790,461.00 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 7 employees, 98% lower than DIY Media Group, Inc.'s reported 283 employees, and received an average PPP loan of $117,457, 97% lower than this company's loan of $3.64M.
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