COVID Stimulus Watch Individual Entry

Recipient Company:
SERTA RESTOKRAFT MATTRESS CO., INC
Loan or Loan Guarantee Amount:
$1,660,100

Recipient Details

Ownership Structure: privately held
Facility Street Address: 38025 JayKay Drive
Facility City: Romulus
Facility State: MI
Facility Zip Code: 48174
Facility Congressional District: MI-13
Facility NAICS Code: 337910 : Mattress Manufacturing

Award Details

Award Date: Apr 28, 2020
Award Type: loan
Jobs Reported at Time of Application: 169
PPP Lender: Comerica 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: Advent International
Headquartered in: Massachusetts
Parent Sector: private equity (including portfolio companies)
Parent Industry: private equity (including portfolio companies)

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $34,673
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $569,198
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $8,000,000
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $18,560,821
Subsidy Tracker
Violation Tracker

Details on Accountability data sources