COVID Stimulus Watch Individual Entry

Recipient Company:
BROADWIND ENERGY INC
Loan or Loan Guarantee Amount:
$304,112

Recipient Details

Ownership Structure: publicly traded (ticker symbol BWEN)
Facility Street Address: 3240 S. CENTRAL AVE
Facility City: CICERO
Facility State: IL
Facility Zip Code: 60804
Facility Congressional District: IL-04
Facility NAICS Code: 333612 : Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing

Award Details

Award Date: Apr 8, 2020
Award Type: loan
Jobs Reported at Time of Application: 15
PPP Lender: CIBC Bank USA
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/1120370/000112037020000011/bwen-...

Parent Company Data

Parent Company: Broadwind Energy
Headquartered in: Illinois
Parent Sector: utilities and power generation
Parent Industry: wind power equipment
Employees (prior to pandemic): 521

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
Environmental / Healthcare / Safety Penalties: $1,521,000
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $1,000,000
CEOpay icon
CEO Compensation: $1,387,724
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