COVID Stimulus Watch Individual Entry

Note: this award was refunded

Individual Award Data

Recipient Company:  CalAmp Corp.
Parent Company:  CalAmp
Award Date:  Apr 16, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $10,000,000
Awarding Agency:  Small Business Administration
Program Name:  Paycheck Protection Program
Award Details: 

The company later announced it was returning the money: https://www.sec.gov/Archives/edgar/data/730255/000156459020018849/camp-8...


Parent Company Data

Ownership Structure:  publicly traded (ticker symbol CAMP)
Headquartered in:  California
Parent Sector:  information technology
Parent Industry:  telematics
Employees (prior to pandemic):  882

Parent Accountability Issues Since 2010

Employment-related Penalties:  $8,100,000
Ratio of CEO Pay to that of Median Worker:  37 to 1
CEO Compensation:  $2,800,000