COVID Stimulus Watch Individual Entry
Recipient Company:
DEEP DOWN, INC.
Loan or Loan Guarantee Amount:
$1,111,015
Recipient Details
Ownership Structure: publicly traded
Facility Street Address: 18511 Beaumont Hwy
Facility City: Houston
Facility State: TX
Facility Zip Code: 77049
Facility Congressional District: TX-36
Facility NAICS Code: 213111 : Drilling Oil and Gas Wells
Award Details
Award Date: Apr 27, 2020
Award Type: loan
Jobs Reported at Time of Application: 45
PPP Lender: Moody National Bank
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/1110607/000168316820001381/deepd...
Parent Company Data
Parent Company: Deep Down, Inc.
Headquartered in: Texas
Parent Sector: oilfield services and supplies
Parent Industry: oilfield services
Employees (prior to pandemic): 48
Accountability Issues Since 2010
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CEO Compensation: $648,092
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