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