The Government has begun releasing details of the recipients of Paycheck Protection Program (PPP) aid. In general, the Treasury Department and SBA have issued 4.9 million loans totaling $521+ billion since the relief program launched in March. The average loan size was $107,000. 86.5% of loans were for <$150,000.
According to Small Business Administration (SBA) data, the PPP disbursed a total of $7.2 billion to graphic communications industry businesses, retaining 440,609 industry jobs. The table below shows the loan amounts paid out to industry businesses by NAICS code, as well as the number of jobs retained.
|
NAICSCode |
Description |
Jobs Retained |
|
|
Packaging, paper, and ink manufacturing |
|||
|
322211 |
Corrugated box and other corrugated products manufacturing |
302,200,000 |
21,199 |
|
322212 |
Paperboard boxes manufacturing for food, consumer goods, and other products |
123,325,000 |
7,942 |
|
322219 |
Other paperboard container manufacturing, such as drums, food containers |
37,675,000 |
3,641 |
|
322220 |
Paper bags, coated and laminated paper and related products manufacturing |
174,100,000 |
12,183 |
|
322230 |
Stationery, envelope, register tapes, and related product manufacturing |
75,700,000 |
5,832 |
|
322291 |
Sanitary paper product manufacturing |
41,850,000 |
3,273 |
|
322299 |
All other converted paper product manufacturing such as diapers, egg cartons, trays, dishes |
135,575,000 |
10,180 |
|
326111 |
Plastic sheets and bags used for packaging |
128,075,000 |
9,627 |
|
424110 |
Paper merchants and graphic arts supply dealers |
92,175,000 |
5,862 |
|
325910 |
Printing ink manufacturers |
41,450,000 |
2,470 |
|
Commercial Printing |
|||
|
323110 |
Commercial printing, regardless of print process |
8,375,000 |
671 |
|
323111 |
Commercial printing excluding screen printing and book printing |
1,772,800,000 |
117,837 |
|
323113 |
Commercial screen printing |
276,700,000 |
22,141 |
|
323114 |
Quick Printing |
675,000 |
48 |
|
323115 |
Digital Printing |
1,425,000 |
184 |
|
323117 |
Book printing |
70,150,000 |
5,117 |
|
323122 |
Prepress and postpress services |
107,900,000 |
7,207 |
|
561439 |
Copy shops and related business services |
72,500,000 |
4,890 |
|
Publishers |
|||
|
511110 |
Newspaper publishers: daily, non-daily, and special interest |
348,950,000 |
27,267 |
|
511120 |
Magazine and related publishers |
291,725,000 |
15,133 |
|
511130 |
Book publishers |
241,450,000 |
13,359 |
|
511140 |
Directory and mailing list publishers |
38,750,000 |
2,177 |
|
511199 |
All other publishing |
178,525,000 |
9,535 |
|
519130 |
Internet publishers, streaming media, and web search portals |
394,250,000 |
17,658 |
|
Creative Markets |
|||
|
541430 |
Graphic design firms |
313,650,000 |
17,504 |
|
541810 |
Advertising agencies for all types of communications media |
1,359,850,000 |
63,673 |
|
541820 |
Public relations firms |
352,425,000 |
16,482 |
|
541860 |
Advertising agencies that specialize in direct marketing and direct mail |
154,400,000 |
10,386 |
|
541922 |
Commercial photographers |
47,350,000 |
4,202 |
|
454113 |
Direct mail and catalog retailers |
40,800,000 |
2,929 |
[1]Data from the SBA only offered a range of loan amounts—$5–10 million, $2–5 million, $1–2 million, $350,000–$1 million, and $150,000–350,000. To calculate our loan amounts, we chose an amount in the middle of each range.
Discussion
By Wally Pocius on Jul 08, 2020
It does not seem to matter where I look, but narrow web flexographic labels are an overlook market segment that has remained in a steady growth profile while other markets keep loosing market shares...it would be interesting to see what part of your surveys are actually label printers but that you do not include in your drop down menus
By Joe Lindfeldt on Jul 08, 2020
I wonder how accurate this data is. We are hearing of many companies who did not take PPP, but who were reported as taking PPP, including our company.
By Adam Dewitz on Jul 08, 2020
@Joe the DG3 listed in the PPP data is Dg3, Inc. dba Dallas Glass in Salem, OR.