COVID Stimulus Watch Individual Entry

Recipient Company:
TOROTEL PRODUCTS, INC.
Loan or Loan Guarantee Amount:
$1,984,688

Recipient Details

Ownership Structure: publicly traded (ticker symbol TTLO)
Facility Street Address: 520 N Rogers Road
Facility City: OLATHE
Facility State: KS
Facility Zip Code: 66062
Facility Congressional District: KS-03
Facility NAICS Code: 334416 : Electronic Coil, Transformer, and Other Inductor Manufacturing

Award Details

Award Date: Apr 7, 2020
Award Type: loan
Jobs Reported at Time of Application: 170
PPP Lender: Cornerstone 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: Torotel, Inc.
Headquartered in: Kansas
Parent Sector: industrial equipment
Parent Industry: precision magnetic components
Employees (prior to pandemic): 173

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: $249,200
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