COVID Stimulus Watch Individual Entry
Recipient Company:
DITECH, INC.
Loan or Loan Guarantee Amount:
$1,208,900
Recipient Details
Ownership Structure: privately held
Facility Street Address: 1000 S Main Street
Facility City: EDINBURGH
Facility State: IN
Facility Zip Code: 46124
Facility Congressional District: IN-06
Facility NAICS Code: 331210 : Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Award Details
Award Date: Apr 4, 2020
Award Type: loan
Jobs Reported at Time of Application: 131
PPP Lender: German American 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: Ditech Holding Corporation
Headquartered in: Pennsylvania
Parent Sector: financial services
Parent Industry: home loans
Accountability Issues Since 2010
Employment-related Penalties: $1,383,000
Government-contracting-related Penalties: $29,630,000
Environmental / Healthcare / Safety Penalties: $5,880
Consumer Protection / Financial / Competition-related Penalties: $64,400,000
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