COVID Stimulus Watch Individual Entry

Recipient Company:
MATERIAL HANDLING SYSTEMS, INC.
Loan or Loan Guarantee Amount:
$273,051

Recipient Details

Ownership Structure: privately held
Facility Street Address: 62 Arden Way
Facility City: SACRAMENTO
Facility State: CA
Facility Zip Code: 95815
Facility Congressional District: CA-06
Facility NAICS Code: 423210 : Furniture Merchant Wholesalers

Award Details

Award Date: Apr 14, 2020
Award Type: loan
Jobs Reported at Time of Application: 16
PPP Lender: Bank of the West
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: Thomas H. Lee Partners
Headquartered in: Massachusetts
Parent Sector: private equity (including portfolio companies)
Parent Industry: private equity (including portfolio companies)

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $515,316
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $1,385,450
ConsumerProt icon
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $1,400,000
Subsidy Tracker
Violation Tracker

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