COVID Stimulus Watch Individual Entry
Recipient Company:
DIAMOND ELECTRIC MFG CORP
Loan or Loan Guarantee Amount:
$2,000,000
Recipient Details
Ownership Structure: privately held
Facility Street Address: St Rt 62 Eleanor Industrial Park
Facility City: Eleanor
Facility State: WV
Facility Zip Code: 25070
Facility Congressional District: WV-02
Facility NAICS Code: 336320 : Motor Vehicle Electrical and Electronic Equipment Manufacturing
Award Details
Award Date: Mar 28, 2021
Award Type: loan
Jobs Reported at Time of Application: 235
PPP Lender: United Bank
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: Diamond Electric Manufacturing
Headquartered in: Japan
Parent Sector: electrical and electronic equipment
Parent Industry: electronic components
Accountability Issues Since 2010
Employment-related Penalties: $10,001
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $20,402
Consumer Protection / Financial / Competition-related Penalties: $19,000,000
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $3,079,174
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues