COVID Stimulus Watch Individual Entry

Recipient Company:
AWC FRAC VALVES INC.
Loan or Loan Guarantee Amount:
$1,870,500

Recipient Details

Ownership Structure: publicly traded
Facility Street Address: 11376 FM 2854 Road
Facility City: CONROE
Facility State: TX
Facility Zip Code: 77304
Facility Congressional District: TX-08
Facility NAICS Code: 333132 : Oil and Gas Field Machinery and Equipment Manufacturing

Award Details

Award Date: Apr 15, 2020
Award Type: loan
Jobs Reported at Time of Application: 97
PPP Lender: Cadence Bank, 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: Archer Limited
Headquartered in: Bermuda
Parent Sector: oilfield services and supplies
Parent Industry: oilfield services

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $1,900,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $113,250
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Good Jobs First has no data in this category
Violation Tracker

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