COVID Stimulus Watch Individual Entry

Recipient Company:
CHARLES & COLVARD, LTD.
Loan or Loan Guarantee Amount:
$965,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol CTHR)
Facility Street Address: 170 Southport Dr
Facility City: Morrisville
Facility State: NC
Facility Zip Code: 27560
Facility Congressional District: NC-04
Facility NAICS Code: 339910 : Jewelry and Silverware Manufacturing

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 64
PPP Lender: Newtek Small Business Finance, Inc.
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/1015155/000114036120012221/form1...

Parent Company Data

Parent Company: CHARLES & COLVARD LTD
Headquartered in: North Carolina
Parent Sector: miscellaneous manufacturing
Parent Industry: jewelry manufacturing
Employees (prior to pandemic): 63

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: $462,926
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