COVID Stimulus Watch Individual Entry

Recipient Company:
Worldwide Flight Services Inc.
Loan or Loan Guarantee Amount:
$42,929,367

Recipient Details

Ownership Structure: privately held
Facility City: Jamaica
Facility State: NY

Award Details

Award Date: Jun 9, 2020
Award Type: loan
Award Details: 1st Round Payment (PSP I)
Program Name: Payroll Support Program
Legislation: CARES
Awarding Agency: Treasury Department
Data Source for Award:
https://home.treasury.gov/policy-issues/coronavirus/assisting-american-i...

Parent Company Data

Parent Company: Cerberus Capital Management
Headquartered in: New York
Parent Sector: private equity (including portfolio companies)
Parent Industry: private equity (including portfolio companies)

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $1,251,370
Contracting icon
Government-contracting-related Penalties: $7,700,000
Environment icon
Environmental / Healthcare / Safety Penalties: $879,246
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $1,765,000
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $88,506,585
Subsidy Tracker
Violation Tracker

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