COVID Stimulus Watch Individual Entry
Recipient Company:
WESTELL, INC.
Loan or Loan Guarantee Amount:
$1,637,522
Recipient Details
Ownership Structure: publicly traded (ticker symbol WSTL)
Facility Street Address: 750 N Commons Dr.
Facility City: Aurora
Facility State: IL
Facility Zip Code: 60504
Facility Congressional District: IL-11
Facility NAICS Code: 334210 : Telephone Apparatus Manufacturing
Award Details
Award Date: Apr 9, 2020
Award Type: loan
Jobs Reported at Time of Application: 50
PPP Lender: JPMorgan Chase Bank, National Association
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: Westell Technologies, Inc.
Headquartered in: Illinois
Parent Sector: telecommunications
Parent Industry: network infrastructure
Employees (prior to pandemic): 127
Accountability Issues Since 2010
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CEO Compensation: $774,039
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