COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:  FuelCell Energy, Inc.
Parent Company:  FuelCell Energy
Award Date:  Apr 20, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $6,500,000
Awarding Agency:  Small Business Administration
Program Name:  Paycheck Protection Program
Facility State:  CT
Facility City:  Danbury
Facility Street Address:  3 GREAT PASTURE RD
Facility Zip Code:  6810
Facility Congressional District:  CT - 04
Facility NAICS Code:  334413 : Semiconductor and Related Device Manufacturing
PPP Lender:  Liberty Bank
Jobs Retained:  258

Parent Company Data

Ownership Structure:  publicly traded (ticker symbol FCEL)
Headquartered in:  Connecticut
Parent Sector:  miscellaneous energy products and systems
Parent Industry:  fuel cell power solutions
Employees (prior to pandemic):  315

Parent Accountability Issues Since 2010

Environmental / Healthcare / Safety Penalties:  $10,500
Ratio of CEO Pay to that of Median Worker:  15.8 to 1
CEO Compensation:  $1,393,187
Worker Median Pay:  $88,357