COVID Stimulus Watch Individual Entry

Recipient Company:

QUANTUM CORPORATION

Loan or Loan Guarantee Amount:

$10,000,000

Recipient Details

Ownership Structure: privately held

Facility Street Address: 224 AIRPORT PKWY

Facility City: SAN JOSE

Facility State: CA

Facility Zip Code: 95110

Facility Congressional District: CA-19

Facility NAICS Code: 334112 : Computer Storage Device Manufacturing

Award Date: Apr 7, 2020

Award Type: loan

Jobs Reported at Time of Application: 500

PPP Lender: PNC Bank, National Association

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Data Source for Award:

Parent Company: Quantum Corp.

Headquartered in: California

Parent Sector: electrical and electronic equipment

Parent Industry: data storage

Employees (prior to pandemic): 800

Good Jobs First has no data in this category

Consumer Protection / Financial / Competition-related Penalties: $1,000,000

Ratio of CEO Pay to that of Median Worker: 19.5 to 1

CEO Compensation: $2,390,410

Worker Median Pay: $122,373

Total Federal, State, and Local Subsidies: $54,000