COVID Stimulus Watch Individual Entry

Recipient Company:
INTELLIGENT PRODUCT SOLUTIONS INC.
Loan or Loan Guarantee Amount:
$1,356,570

Recipient Details

Ownership Structure: publicly traded (ticker symbol FORD)
Facility Street Address: 700 VETERANS HWY STE 100
Facility City: HAUPPAUGE
Facility State: NY
Facility Zip Code: 11788
Facility Congressional District: NY-01
Facility NAICS Code: 541330 : Engineering Services

Award Details

Award Date: Apr 11, 2020
Award Type: loan
Jobs Reported at Time of Application: 73
PPP Lender: TD 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: Forward Industries, Inc.
Headquartered in: Florida
Parent Sector: industrial services
Parent Industry: electronic product design
Employees (prior to pandemic): 73

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: $300,000
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