DMC Global Repays Paycheck Protection Program Loan
DMC Global Inc. (BOOM)
Last dmc global inc. earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
BROOMFIELD, Colo., April 23, 2020 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) recently applied for a loan under the U.S. Government’s Paycheck Protection Program (PPP). The application was vetted by the Small Business Administration (SBA), and on April 14, 2020, a loan of $6.7 million was approved. DMC borrowed this money, as the PPP legislation intended, to provide its 306 U.S. employees with payroll and benefits protection as the Company’s primary energy market enters a sharp downturn and the global economy rapidly slows due to COVID-19, significantly reducing DMC’s revenues. DMC believes that at the time it borrowed the money, it fully complied with the language of the PPP legislation. While the PPP program allows for loans of up to $10 million for all companies with as many as 500 employees, subsequent guidance from the SBA made after DMC had received the proceeds of the loan states that public companies may not be eligible for the program. In view of these new guid
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News
- DMC Global (NASDAQ:BOOM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Cost Discipline And Backlog Wins To Offset DMC Global's Headwinds [Seeking Alpha]Seeking Alpha
- DMC Global (NASDAQ:BOOM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- DMC Global (NASDAQ:BOOM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- DMC Global (NASDAQ:BOOM) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
BOOM
Earnings
- 11/4/25 - Miss
BOOM
Sec Filings
- 12/3/25 - Form 4
- 12/1/25 - Form 144
- 11/4/25 - Form 4
- BOOM's page on the SEC website