COVID Stimulus Watch Individual Entry

Recipient Company:
CEMTREX ADVANCED TECHNOLOGIES INC.
Loan or Loan Guarantee Amount:
$193,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol CETX)
Facility Street Address: 110 Bi-County Blvd
Facility City: Farmingdale
Facility State: NY
Facility Zip Code: 11735
Facility Congressional District: NY-02
Facility NAICS Code: 541990 : All Other Professional, Scientific, and Technical Services

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 9
PPP Lender: Citibank, N.A.
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: CEMTREX INC
Headquartered in: New York
Parent Sector: information technology
Parent Industry: multi-industry technologies
Employees (prior to pandemic): 297

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
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $596,382
Tax icon
Good Jobs First has no data in this category

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