Subsidy Tracker Individual Entry

Company: 
JPMorgan Chase Bank, N.A.
Parent Company: 
JPMorgan Chase
Subsidy Source: 
state
Location: 
New Jersey
City: 
Jersey City
County: 
Hudson
Project Description: 

relocation of jobs from New York to New Jersey

Year: 
2015
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Subsidy Value: 
$187,800,000
Program Name: 
Grow New Jersey Assistance Program
Awarding Agency: 
Economic Development Authority
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
2,150
Capital Investment: 
$68,286,579
Source of Data: 

http://www.njeda.com/pdfs/reports/Approved_GrowNJ_EOA.aspx See also: Samantha Marcus, "Another business giant gets another giant deal," Newark Star-Ledger, July 10, 2015.

Notes: 

Subsidy amount is approved total award amount over 10 years. Jobs figure is number of new jobs promised. Investment is total eligible capital investment. Year is year of approval. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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