COVID Stimulus Watch Individual Entry

Recipient Company:
GSE SYSTEMS, INC.
Loan or Loan Guarantee Amount:
$10,000,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol GVP)
Facility Street Address: 1332 Londontown Blvd
Facility City: Sykesville
Facility State: MD
Facility Zip Code: 21784
Facility Congressional District: MD-08
Facility NAICS Code: 333318 : Other Commercial and Service Industry Machinery Manufacturing

Award Details

Award Date: Apr 15, 2020
Award Type: loan
PPP Lender: Citizens 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/944480/000094448020000027/form8-...

Parent Company Data

Parent Company: GSE Systems, Inc.
Headquartered in: Maryland
Parent Sector: information technology
Parent Industry: engineering software
Employees (prior to pandemic): 402

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
CEO Compensation: $989,499
Tax icon
Good Jobs First has no data in this category

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