COVID Stimulus Watch Individual Entry

Recipient Company:
HOLIDAY INN EXPRESS
Loan or Loan Guarantee Amount:
$201,524

Recipient Details

Ownership Structure: publicly traded (ticker symbol LSE: IHG)
Facility Street Address: 2455 EL CAMINO REAL
Facility City: SANTA CLARA
Facility State: CA
Facility Zip Code: 95050
Facility Congressional District: CA-17
Facility NAICS Code: 721110 : Hotels (except Casino Hotels) and Motels

Award Details

Award Date: May 2, 2020
Award Type: loan
PPP Lender: Wells Fargo Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Parent Company Data

Parent Company: InterContinental Hotels
Headquartered in: United Kingdom
Parent Sector: hotels
Parent Industry: hotels
Employees (prior to pandemic): 9,636

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $1,092,553
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $68,930
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $4,350,590
Tax icon
Total Federal, State, and Local Subsidies: $2,240,131
Subsidy Tracker
Violation Tracker

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