COVID Stimulus Watch Individual Entry
Recipient Company:
APPLIED MINERALS INC
Loan or Loan Guarantee Amount:
$223,075
Recipient Details
Ownership Structure: publicly traded (ticker symbol AMNL)
Facility Street Address: SUITE 301
Facility City: BROOKLYN
Facility State: NY
Facility Zip Code: 11201
Facility Congressional District: NY-07
Facility NAICS Code: 212325 : Clay and Ceramic and Refractory Minerals Mining
Award Details
Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 13
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: Applied Minerals, Inc.
Headquartered in: New York
Parent Sector: mining and minerals
Parent Industry: iron oxide extraction
Employees (prior to pandemic): 11
Accountability Issues Since 2010
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CEO Compensation: $425,000
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