COVID Stimulus Watch Individual Entry

Recipient Company:
PIONEER POWER SOLUTIONS, INC.
Loan or Loan Guarantee Amount:
$1,404,200

Recipient Details

Ownership Structure: publicly traded (ticker symbol PPSI)
Facility Street Address: 400 Kelby Street, 12th Floor
Facility City: FORT LEE
Facility State: NJ
Facility Zip Code: 07024
Facility Congressional District: NJ-09
Facility NAICS Code: 335311 : Power, Distribution, and Specialty Transformer Manufacturing

Award Details

Award Date: Apr 9, 2020
Award Type: loan
Jobs Reported at Time of Application: 93
PPP Lender: BMO Harris Bank 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/1449792/000138713120004918/ppsi-...

Parent Company Data

Parent Company: PIONEER POWER SOLUTIONS, INC.
Headquartered in: New Jersey
Parent Sector: electrical and electronic equipment
Parent Industry: power generation equipment
Employees (prior to pandemic): 95

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $1,417,000
Tax icon
Good Jobs First has no data in this category

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