COVID Stimulus Watch Individual Entry
Recipient Company:
FRIEDMAN INDUSTRIES, INC
Loan or Loan Guarantee Amount:
$1,690,385
Recipient Details
Ownership Structure: publicly traded (ticker symbol FRD)
Facility Street Address: 1121 Judson Road
Facility City: Longview
Facility State: TX
Facility Zip Code: 75601
Facility Congressional District: TX-01
Facility NAICS Code: 423510 : Metal Service Centers and Other Metal Merchant Wholesalers
Award Details
Award Date: Apr 10, 2020
Award Type: loan
Jobs Reported at Time of Application: 103
PPP Lender: JPMorgan Chase Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/39092/000143774920014128/ex_1915...
Parent Company Data
Parent Company: FRIEDMAN INDUSTRIES INC
Headquartered in: Texas
Parent Sector: metals
Parent Industry: steel manufacturing
Employees (prior to pandemic): 103
Accountability Issues Since 2010
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CEO Compensation: $601,941
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