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PPP Loan Data — Steven M Diamond, Bethlehem, PA

SBA PPP loan data, payroll data, and salaries for Steven M Diamond
PA

Steven M Diamond

Entity: Sole Proprietorship

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Bethlehem, PA

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Steven M Diamond is a sole proprietorship located in Bethlehem, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,085.00 in August, 2020.

The company has reported itself as a Black or african american owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #3479138206

Loan Size:

$4,085

Jobs Retained:

1

Loan Approved:

2020-08-04

Loan Status:

Ongoing Loan

Lender:

TD Bank, National Association

Steven M Diamond in Bethlehem, PA received a Paycheck Protection Loan of $4,085 through TD Bank, National Association, which was approved in August, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Steven M Diamond reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $4,085

Business Information - Steven M Diamond in Bethlehem, PA

Steven M Diamond
Bethlehem, PA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Black or African American

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Lehigh County, PA — SBA Office 0303 — Congressional District: PA-07

Similar Companies near Bethlehem

In the Bethlehem area, 43 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 1) and received an average PPP loan of $251,530 (compared to this company's $4,085).

Industry PPP Comparison Statistics

Nationwide, 166,222 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $20.52B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 1000% higher than Steven M Diamond's reported 1 employees, and received an average PPP loan of $123,474, 2923% higher than this company's loan of $4,085.

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. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/steven-m-diamond-bethlehem-pa