Subsidy Tracker Parent Company Summary
Parent Company Name:
Under Armour
Ownership Structure:
publicly traded (ticker symbol UA)
Headquartered in:
Maryland
Major Industry:
apparel
Specific Industry:
apparel
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $42,642,678 | 11 |
| Federal (grants and allocated tax credits) | $250,000 | 1 |
| TOTAL | $42,892,678 | 12 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 2004. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
KP SPORTS; UNDER ARMOUR
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Maryland | $35,882,390 | 6 |
| Tennessee | $6,750,000 | 1 |
| Maine | $10,288 | 4 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Under Armour | Maryland | local | 2012 | $30,000,000 | tax increment financing | |
| Under Armour, Inc. | Tennessee | state | 2015 | $6,750,000 | grant | |
| Under Armour, Inc. | Maryland | state | 2016 | $5,500,000 | tax credit/rebate | |
| UNDER ARMOUR INC | United States | federal | 2016 | $250,000 | federal grant | |
| Under Armour, Inc. | Maryland | state | 2016 | $191,337 | tax credit/rebate | |
| Under Armour, Inc. | Maryland | state | 2017 | $138,277 | tax credit/rebate | |
| KP Sports, Inc. t/a Under Armour Performance Apparel | Maryland | state | 2004 | $27,776 | training reimbursement | |
| Under Armour, Inc. | Maryland | state | 2008 | $25,000 | training reimbursement | |
| UNDER ARMOUR RETAIL OF MAINE LLC | Maine | state | 2014 | $5,055 | property tax abatement | |
| UNDER ARMOUR RETAIL OF MAINE LLC | Maine | state | 2015 | $2,454 | property tax abatement | |
| UNDER ARMOUR RETAIL OF MAINE LLC | Maine | state | 2017 | $1,573 | property tax abatement | |
| UNDER ARMOUR RETAIL OF MAINE LLC | Maine | state | 2016 | $1,206 | property tax abatement | |
| Under Armour, Inc. | Maryland | state | 2010 | undisclosed | tax credit/rebate | |
| Under Armour | Maryland | local | 2008 | undisclosed | grant | |
| Under Armour, Inc. | Maryland | local | 2008 | undisclosed | enterprise zone | |
| UA Cheer Parking Lot, LLC and/or Under Aunder Armour, Inc. | Maryland | local | 2012 | undisclosed | enterprise zone | |
| UA Hull Street II, LLC and or UnderArmour, Inc. | Maryland | local | 2012 | undisclosed | enterprise zone | |
| UA Hull Street, LLC and or Under Armour, Inc. | Maryland | local | 2012 | undisclosed | enterprise zone | |
| UA Locust Point Holdings LLC and/or Under Armour, Inc. | Maryland | local | 2012 | undisclosed | enterprise zone | |
| Under Armour, Inc. | Maryland | state | 2012 | undisclosed | tax credit/rebate | |
| Under Armour | Maryland | state | 2014 | undisclosed | tax credit/rebate | |
| Under Armour, Inc. | Tennessee | local | 2016 | undisclosed | property tax abatement |
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