COVID Stimulus Watch Individual Entry

Recipient Company:
NORTECH SYSTEMS INCORPORATED
Loan or Loan Guarantee Amount:
$6,077,039

Recipient Details

Ownership Structure: publicly traded (ticker symbol NSYS)
Facility Street Address: 7550 Meridian Cir N Ste 150
Facility City: MAPLE GROVE
Facility State: MN
Facility Zip Code: 55369
Facility Congressional District: MN-03
Facility NAICS Code: 334118 : Computer Terminal and Other Computer Peripheral Equipment Manufacturing

Award Details

Award Date: Apr 14, 2020
Award Type: loan
Jobs Reported at Time of Application: 478
PPP Lender: Bank of America, National Association
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/722313/000143774920008135/nsys20...

Parent Company Data

Parent Company: Nortech Systems Incorporated
Headquartered in: Minnesota
Parent Sector: industrial services
Parent Industry: electronic manufacturing services
Employees (prior to pandemic): 784

Accountability Issues Since 2010

Employment icon
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Contracting icon
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ConsumerProt icon
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CEOpay icon
CEO Compensation: $855,165
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Good Jobs First has no data in this category

Details on Accountability data sources