COVID Stimulus Watch Individual Entry

Recipient Company:
AKOUSTIS INC
Loan or Loan Guarantee Amount:
$1,633,225

Recipient Details

Ownership Structure: publicly traded (ticker symbol AKTS)
Facility Street Address: 10602 Bailey Rd
Facility City: CORNELIUS
Facility State: NC
Facility Zip Code: 28031
Facility Congressional District: NC-12
Facility NAICS Code: 334413 : Semiconductor and Related Device Manufacturing

Award Details

Award Date: May 20, 2020
Award Type: loan
Jobs Reported at Time of Application: 91
PPP Lender: Bank of America, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Parent Company Data

Parent Company: Akoustis Technologies, Inc.
Headquartered in: North Carolina
Parent Sector: information technology
Parent Industry: wireless filter products
Employees (prior to pandemic): 90

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $658,709
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues