The rough amounts of the loans received by Diamond companies under the Payment Protection Program were revealed by the Small Business Administration on Monday as part of a major data dump on the recipients of the PPP loans. Geppi Family Enterprises CEO Steve Geppi told us in an interview in May that GFE had received some money from the program (see "ICv2 Interview: Geppi Family Enterprises CEO Steve Geppi, Part 1"), but the amount had not previously been known.
A loan for Diamond Comic Distributors, Inc. in the range of $5-$10 million was approved on April 10; while a loan for Diamond Select Toys & Collectibles LLC in the range of $150,000-$350,000 was approved on May 1. A loan to sister company Rosebud Entertainment, LLC, which published Baltimore Magazine, for $350,000 - $1 million, was approved on April 30.
PPP loans are forgivable if at least 60% of the money goes to payroll expense (see "Federal PPP Loan Program’s Easier Forgiveness Requirements").

Diamond Comic Distributors and Diamond Select Toys
Posted by Milton Griepp on July 8, 2020 @ 4:51 am CT

MORE COMICS
Marvel Art Books from Three Publishers
July 30, 2025
Three different publishers are offering Marvel-themed art books in coming months.
'Time Before Time' Co-Writers Reunite for New Series
July 30, 2025
McConville and Shalvey, who co-wrote the time-travel mystery Time Before Time, join forces for the next arc of The Terminator.
MORE NEWS
Adventure Set, Miniatures for ‘Evolved Edition’
July 30, 2025
Free League Publishing announced the Rapture Protocol Cinematic Adventure Set and Rapture Protocol Miniatures Set for the ALIEN RPG: Evolved Edition.
Eisner-Winning Manga Inspired Two Films
July 30, 2025
The manga, which won a 2007 Eisner Award, inspired both the 2003 film by Park Chan-wook and the 2013 remake by Spike Lee.