COVID Stimulus Watch Individual Entry
Recipient Company:
LA-Z-BOY FURNITURE GALLERIES
Loan or Loan Guarantee Amount:
$410,907
Recipient Details
Ownership Structure: publicly traded (ticker symbol LZB)
Facility Street Address: 3010 B Mallory LN
Facility City: FRANKLIN
Facility State: TN
Facility Zip Code: 37067
Facility Congressional District: TN-07
Facility NAICS Code: 423210 : Furniture Merchant Wholesalers
Award Details
Award Date: Apr 10, 2020
Award Type: loan
Jobs Reported at Time of Application: 42
PPP Lender: Synovus 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: La-Z-Boy
Headquartered in: Michigan
Parent Sector: housewares and home furnishings
Parent Industry: furniture
Employees (prior to pandemic): 9,500
Accountability Issues Since 2010
Employment-related Penalties: $90,447
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $60,546
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 138 to 1
CEO Compensation: $5,256,122
Worker Median Pay: $38,115
Total Federal, State, and Local Subsidies: $6,788,949
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues