COVID Stimulus Watch Individual Entry

Recipient Company:
SHYPDIRECT, LLC
Loan or Loan Guarantee Amount:
$504,940

Recipient Details

Ownership Structure: publicly traded (ticker symbol TLSS)
Facility Street Address: 212 Washington Avenue
Facility City: Carlstadt
Facility State: NJ
Facility Zip Code: 07072
Facility Congressional District: NJ-09
Facility NAICS Code: 492110 : Couriers

Award Details

Award Date: Apr 27, 2020
Award Type: loan
Jobs Reported at Time of Application: 22
PPP Lender: Manufacturers and Traders Trust Company
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/1463208/000149315220008018/form8...

Parent Company Data

Parent Company: Transportation and Logistics Systems, Inc.
Headquartered in: Florida
Parent Sector: freight and logistics
Parent Industry: brokerage and logistics services
Employees (prior to pandemic): 542

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: $3,531,000
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