COVID Stimulus Watch Individual Entry
Recipient Company:
AMERICAN SUPERCONDUCTOR CORPORATION
Loan or Loan Guarantee Amount:
$2,579,900
Recipient Details
Ownership Structure: publicly traded (ticker symbol AMSC)
Facility Street Address: 114 East Main Street
Facility City: AYER
Facility State: MA
Facility Zip Code: 01432
Facility Congressional District: MA-03
Facility NAICS Code: 335311 : Power, Distribution, and Specialty Transformer Manufacturing
Award Details
Award Date: Apr 3, 2020
Award Type: loan
Jobs Reported at Time of Application: 143
PPP Lender: Main Street Bank
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: American Superconductor Corp.
Headquartered in: Massachusetts
Parent Sector: miscellaneous energy products and systems
Parent Industry: energy research
Employees (prior to pandemic): 242
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 30 to 1
CEO Compensation: $2,111,508
Worker Median Pay: $71,432
Total Federal, State, and Local Subsidies: $27,528,649
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues