COVID Stimulus Watch Individual Entry

Recipient Company:

KOREAN AIR LINES CO, LTD

Loan or Loan Guarantee Amount:

$6,101,102

Recipient Details

Ownership Structure: privately held

Facility Street Address: 900 WILSHIRE BLVD STE 1100

Facility City: LOS ANGELES

Facility State: CA

Facility Zip Code: 90017

Facility Congressional District: CA-34

Facility NAICS Code: 481111 : Scheduled Passenger Air Transportation

Award Date: Apr 29, 2020

Award Type: loan

Jobs Reported at Time of Application: 500

PPP Lender: HSBC Bank USA, National Association

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

Legislation: CARES

Awarding Agency: Small Business Administration

Data Source for Award:

Parent Company: Hanjin Group

Headquartered in: South Korea

Parent Sector: diversified

Parent Industry: diversified

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $17,000

Consumer Protection / Financial / Competition-related Penalties: $6,242,000

Good Jobs First has no data in this category

Total Federal, State, and Local Subsidies: $8,608