COVID Stimulus Watch Individual Entry

Note: this award was refunded

Individual Award Data

Recipient Company:
DURECT Corporation
Parent Company: DURECT Corporation
Award Date: Apr 19, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $2,037,395
Awarding Agency: Small Business Administration
Program Name: Paycheck Protection Program
Award Details: The company later said it would return the money: https://www.sec.gov/Archives/edgar/data/1082038/000156459020021010/drrx-...
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1082038/000156459020018263/drrx-...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol DRRX)
Headquartered in: California
Parent Sector: pharmaceuticals
Parent Industry: biopharmaceuticals
Employees (prior to pandemic): 90

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
Ratio of CEO Pay to that of Median Worker: 8 to 1
CEO Compensation: $1,064,696
Worker Median Pay: $138,531
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources