COVID Stimulus Watch Individual Entry

Recipient Company:
PSYCHEMEDICS CORPORATION
Loan or Loan Guarantee Amount:
$2,181,157

Recipient Details

Ownership Structure: publicly traded (ticker symbol PMD)
Facility Street Address: 289 Great Rd Ste 200
Facility City: Acton
Facility State: MA
Facility Zip Code: 01720
Facility Congressional District: MA-03
Facility NAICS Code: 541380 : Testing Laboratories

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 170
PPP Lender: Bank of America, 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/806517/000117184320003496/f8k_05...

Parent Company Data

Parent Company: Psychemedics Corporation
Headquartered in: Massachusetts
Parent Sector: business services
Parent Industry: drug testing
Employees (prior to pandemic): 204

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: $736,800
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