COVID Stimulus Watch Individual Entry

Note: this award was refunded

Individual Award Data

Recipient Company:
Omega Flex, Inc.
Parent Company: Omega Flex, Inc.
Award Date: May 4, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $2,453,000
Awarding Agency: Small Business Administration
Program Name: Paycheck Protection Program
Award Details: The company later said it would return the money: https://www.sec.gov/Archives/edgar/data/1317945/000149315220007619/form1...
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1317945/000149315220007619/form1...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol OFLX)
Headquartered in: Pennsylvania
Parent Sector: industrial equipment
Parent Industry: metal hose
Employees (prior to pandemic): 151

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
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ConsumerProt icon
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CEOpay icon
Ratio of CEO Pay to that of Median Worker: 36 to 1
CEO Compensation: $2,374,693
Worker Median Pay: $65,059
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources