COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
JSW STEEL (USA) INC.
Parent Company: Jindal Group
Award Date: Jun 29, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $7,500,000
Awarding Agency: Small Business Administration
Program Name: Paycheck Protection Program
Data Source for Award:
https://home.treasury.gov/policy-issues/cares-act/assistance-for-small-b...
Facility State: TX
Facility City: Baytown
Facility Street Address: 5200 E McKinney Rd.
Facility Zip Code: 77523
Facility Congressional District: TX - 36
Facility NAICS Code: 331110 : Iron and Steel Mills and Ferroalloy Manufacturing
PPP Lender: BMO Harris Bank National Association
Jobs Retained: 500
Notes: The dollar amount of this loan was reported to be in a range of $5 million to $10 million. We are using the midpoint of that range: $7.5 million.

Parent Company Data

Ownership Structure: privately held
Headquartered in: India
Parent Sector: diversified
Parent Industry: diversified

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
Environmental / Healthcare / Safety Penalties: $685,389
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $4,404,763
Subsidy Tracker
Violation Tracker

Details on Accountability data sources