COVID Stimulus Watch Individual Entry

Recipient Company:
LAREDO OIL INC
Loan or Loan Guarantee Amount:
$1,233,656

Recipient Details

Ownership Structure: publicly traded (ticker symbol LRDC)
Facility Street Address: 100 N RUBEY DRIVE STE 120
Facility City: GOLDEN
Facility State: CO
Facility Zip Code: 80403
Facility Congressional District: CO-02

Award Details

Award Date: Apr 28, 2020
Award Type: loan
Jobs Reported at Time of Application: 40
PPP Lender: First Horizon Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1442492/000165495420004791/lared...

Parent Company Data

Parent Company: Laredo Oil, Inc.
Headquartered in: Colorado
Parent Sector: oilfield services and supplies
Parent Industry: oilfield management
Employees (prior to pandemic): 61

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: $525,000
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