COVID Stimulus Watch Individual Entry
Recipient Company:
GULF ISLAND FABRICATION, INC.
Loan or Loan Guarantee Amount:
$10,000,000
Recipient Details
Ownership Structure: publicly traded (ticker symbol GIFI)
Facility Street Address: 16225 PARK TEN PL
Facility City: HOUSTON
Facility State: TX
Facility Zip Code: 77084
Facility Congressional District: TX-07
Facility NAICS Code: 336611 : Ship Building and Repairing
Award Details
Award Date: Apr 12, 2020
Award Type: loan
Jobs Reported at Time of Application: 500
PPP Lender: Hancock Whitney Bank
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/1031623/000156459020017476/gifi-...
Parent Company Data
Parent Company: Gulf Island Fabrication, Inc.
Headquartered in: Texas
Parent Sector: construction and engineering
Parent Industry: steel structures
Employees (prior to pandemic): 944
Accountability Issues Since 2010
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Ratio of CEO Pay to that of Median Worker: 20 to 1
CEO Compensation: $1,449,850
Worker Median Pay: $73,000
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