COVID Stimulus Watch Individual Entry

Note: this award was refunded

Recipient Company:
IDT Corporation
Loan or Loan Guarantee Amount:
$10,000,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol IDT)

Award Details

Award Date: Apr 20, 2020
Award Type: loan
Award Details: The company later announced it was returning the money: https://www.sec.gov/Archives/edgar/data/1005731/000121390020010106/ea121...
Program Name: Paycheck Protection Program ($150,000 and up)
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1005731/000121390020010054/ea121...

Parent Company Data

Parent Company: IDT Corp.
Headquartered in: New Jersey
Parent Sector: telecommunications
Parent Industry: telecommunications services
Employees (prior to pandemic): 1,285

Accountability Issues Since 2010

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CEO Compensation: $1,558,900
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