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
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
CEO Compensation: $855,165
Good Jobs First has no data in this category