COVID Stimulus Watch Individual Entry
Recipient Company:
PRECISION PIPELINE LLC
Loan or Loan Guarantee Amount:
$2,961,300
Recipient Details
Ownership Structure: publicly traded (ticker symbol MTZ)
Facility Street Address: 10 Whiley Rd
Facility City: LANCASTER
Facility State: OH
Facility Zip Code: 43130
Facility Congressional District: OH-15
Facility NAICS Code: 237120 : Oil and Gas Pipeline and Related Structures Construction
Award Details
Award Date: Apr 10, 2020
Award Type: loan
Jobs Reported at Time of Application: 173
PPP Lender: The Huntington National Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia
Parent Company Data
Parent Company: MasTec
Headquartered in: Florida
Parent Sector: construction and engineering
Parent Industry: construction & engineering
Employees (prior to pandemic): 21,000
Accountability Issues Since 2010
Employment-related Penalties: $493,397
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $408,170
Consumer Protection / Financial / Competition-related Penalties: $38,810
Ratio of CEO Pay to that of Median Worker: 97 to 1
CEO Compensation: $8,077,270
Worker Median Pay: $83,165
Total Federal, State, and Local Subsidies: $1,497,662
Federal Corporate Income Tax Rate: 8.1%
Violation Tracker
Employment Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues