COVID Stimulus Watch Individual Entry

Recipient Company:
TEL-INSTRUMENT ELECTRONICS CORP
Loan or Loan Guarantee Amount:
$722,577

Recipient Details

Ownership Structure: publicly traded (ticker symbol TIKK)
Facility Street Address: 1 Branca Rd
Facility City: East Rutherford
Facility State: NJ
Facility Zip Code: 07073
Facility Congressional District: NJ-09
Facility NAICS Code: 334413 : Semiconductor and Related Device Manufacturing

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 45
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/96885/000118518520000565/telinst...

Parent Company Data

Parent Company: Tel-Instrument Electronics Corp.
Headquartered in: New Jersey
Parent Sector: miscellaneous manufacturing
Parent Industry: avionics test equipment
Employees (prior to pandemic): 41

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: $204,556
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