COVID Stimulus Watch Individual Entry

Recipient Company:

INVACARE CORPORATION

Loan or Loan Guarantee Amount:

$10,000,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol IVC)

Facility Street Address: One Invacare Way

Facility City: ELYRIA

Facility State: OH

Facility Zip Code: 44035

Facility Congressional District: OH-07

Facility NAICS Code: 339113 : Surgical Appliance and Supplies Manufacturing

Award Date: Apr 28, 2020

Award Type: loan

Jobs Reported at Time of Application: 500

PPP Lender: KeyBank National Association

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Data Source for Award:

Parent Company: Invacare

Headquartered in: Ohio

Parent Sector: medical equipment and supplies

Parent Industry: medical equipment

Employees (prior to pandemic): 3,900

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $30,826

Good Jobs First has no data in this category

Ratio of CEO Pay to that of Median Worker: 184 to 1

CEO Compensation: $8,340,917

Worker Median Pay: $45,440

Total Federal, State, and Local Subsidies: $935,700