COVID Stimulus Watch Individual Entry

Recipient Company:
ERAC USA Finance LLC
Loan or Loan Guarantee Amount:
$3,373,933

Recipient Details

Ownership Structure: privately held

Award Details

Award Date: Nov 16, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Enterprise Holdings
Headquartered in: Missouri
Parent Sector: miscellaneous services
Parent Industry: car rentals

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $9,300,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $598,088
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $141,939
Subsidy Tracker
Violation Tracker

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