COVID Stimulus Watch Individual Entry

Note: this award was refunded

Individual Award Data

Recipient Company:  Calumet Specialty Products Partners, L.P.
Parent Company:  Calumet Specialty Products
Award Date:  May 18, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $31,400,000
Awarding Agency:  Small Business Administration
Program Name:  Paycheck Protection Program
Award Details: 

The company later said it would return the money: https://www.sec.gov/Archives/edgar/data/1340122/000134012220000068/form8...


Parent Company Data

Ownership Structure:  publicly traded (ticker symbol CLMT)
Headquartered in:  Indiana
Parent Sector:  oil and gas
Parent Industry:  petroleum refining
Employees (prior to pandemic):  1,500

Parent Accountability Issues Since 2010

Employment-related Penalties:  $2,100,000
Environmental / Healthcare / Safety Penalties:  $5,043,178
Consumer Protection / Financial / Competition-related Penaties:  $250,000
Ratio of CEO Pay to that of Median Worker:  18 to 1
CEO Compensation:  $1,486,139
Worker Median Pay:  $83,230