COVID Stimulus Watch Individual Entry

Recipient Company:
PRIME OPERATING CO
Loan or Loan Guarantee Amount:
$1,281,876

Recipient Details

Ownership Structure: publicly traded (ticker symbol PNRG)
Facility Street Address: 9821 KATY FREEWAY STE 1050
Facility City: HOUSTON
Facility State: TX
Facility Zip Code: 77024
Facility Congressional District: TX-07

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 77
PPP Lender: BBVA USA
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: PRIMEENERGY RESOURCES CORP
Headquartered in: Texas
Parent Sector: oil and gas
Parent Industry: oil and gas operations
Employees (prior to pandemic): 173

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: $3,197,612
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