COVID Stimulus Watch Individual Entry

Recipient Company:

FORBES ENERGY SERVICES, LLC

Loan or Loan Guarantee Amount:

$10,000,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol FLSS)

Facility Street Address: 3000 US HIGHWAY 281

Facility City: ALICE

Facility State: TX

Facility Zip Code: 78332

Facility Congressional District: TX-34

Facility NAICS Code: 213112 : Support Activities for Oil and Gas Operations

Award Date: May 8, 2020

Award Type: loan

Jobs Reported at Time of Application: 500

PPP Lender: Texas Champion Bank

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Data Source for Award:

Headquartered in: Texas

Parent Sector: oilfield services and supplies

Parent Industry: oil and gas drilling services

Employees (prior to pandemic): 786

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $5,355

Good Jobs First has no data in this category

CEO Compensation: $1,233,553

Good Jobs First has no data in this category