COVID Stimulus Watch Individual Entry
Individual Award Data
Recipient Company: United Airlines Inc.
Award Date: Apr 21, 2020
Award Type: grant
Grant Amount: $3,500,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
United announced it would receive a total of $5 billion in assistance, including $3.5 billion in grants and $1.5 billion in loans (listed separately). United agreed to issue warrants to Treasury allowing it to purchase up to 4.6 million shares.
Data Source for Award:
Parent Company Data
Ownership Structure: publicly traded (ticker symbol UAL)
Headquartered in: Illinois
Parent Sector: airlines
Parent Industry: airlines