COVID Stimulus Watch Individual Entry
Recipient Company:
5J OILFIELD SERVICES LLC
Loan or Loan Guarantee Amount:
$3,148,100
Recipient Details
Ownership Structure: publicly traded (ticker symbol SMGI)
Facility Street Address: 4090 US HIGHWAY 79
Facility City: PALESTINE
Facility State: TX
Facility Zip Code: 75801
Facility Congressional District: TX-05
Facility NAICS Code: 484220 : Specialized Freight (except Used Goods) Trucking, Local
Award Details
Award Date: Apr 15, 2020
Award Type: loan
Jobs Reported at Time of Application: 261
PPP Lender: Hancock Whitney Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1426506/000110465920067861/tm205...
Parent Company Data
Parent Company: SMG Industries Inc.
Headquartered in: Texas
Parent Sector: oilfield services and supplies
Parent Industry: oilfield services
Employees (prior to pandemic): 52
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $9,600
Good Jobs First has no data in this category
CEO Compensation: $180,000
Good Jobs First has no data in this category
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues