COVID Stimulus Watch Individual Entry
Recipient Company:
AVID TECHNOLOGY INC
Loan or Loan Guarantee Amount:
$7,800,000
Recipient Details
Ownership Structure: publicly traded (ticker symbol AVID)
Facility Street Address: 75 NETWORK DR
Facility City: BURLINGTON
Facility State: MA
Facility Zip Code: 01803
Facility Congressional District: MA-06
Facility NAICS Code: 333316 : Photographic and Photocopying Equipment Manufacturing
Award Details
Award Date: Apr 28, 2020
Award Type: loan
PPP Lender: Citizens Bank, National Association
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/896841/000089684120000107/ppp8-k...
Parent Company Data
Parent Company: Avid Technology
Headquartered in: Massachusetts
Parent Sector: information technology
Parent Industry: digital media services
Employees (prior to pandemic): 1,429
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
Total Federal, State, and Local Subsidies: $648,433
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues