COVID Stimulus Watch Individual Entry

Recipient Company:
Nuverra Environmental Solutions Inc
Loan or Loan Guarantee Amount:
$13,000,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol NES)
Facility City: Scottsdale
Facility State: AZ

Award Details

Award Date: Nov 23, 2020
Award Type: loan
Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program
PPP Lender: First International Bank And Trust
Program Name: Main Street Loan Program
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Nuverra Environmental Solutions
Headquartered in: Arizona
Parent Sector: oilfield services and supplies
Parent Industry: oilfield services
Employees (prior to pandemic): 700

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $76,598
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $326,919
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $2,667,127
Tax icon
Good Jobs First has no data in this category
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