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").