COVID Stimulus Watch Individual Entry

Recipient Company:
IOTA NETWORKS, LLC
Loan or Loan Guarantee Amount:
$763,600

Recipient Details

Ownership Structure: publicly traded (ticker symbol IOTC)
Facility Street Address: 2111 E. HIGHLAND AVENUE
Facility City: PHOENIX
Facility State: AZ
Facility Zip Code: 85016
Facility Congressional District: AZ-09
Facility NAICS Code: 517110 : Wired Telecommunications Carriers

Award Details

Award Date: Apr 28, 2020
Award Type: loan
Jobs Reported at Time of Application: 23
PPP Lender: Western Alliance Bank
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: Iota Communications, Inc.
Headquartered in: Pennsylvania
Parent Sector: telecommunications
Parent Industry: wireless network carrier
Employees (prior to pandemic): 40

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: $3,638,380
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