COVID Stimulus Watch Individual Entry

Recipient Company:
AbbVie Inc
Loan or Loan Guarantee Amount:
$7,394,460

Recipient Details

Ownership Structure: publicly traded (ticker symbol ABBV)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: AbbVie
Headquartered in: Illinois
Parent Sector: pharmaceuticals
Parent Industry: pharmaceuticals
Employees (prior to pandemic): 30,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $4,000,000
Contracting icon
Government-contracting-related Penalties: $476,385,510
Environment icon
Environmental / Healthcare / Safety Penalties: $2,514,147,503
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $80,500,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 139 to 1
CEO Compensation: $21,610,598
Worker Median Pay: $155,885
Tax icon
Total Federal, State, and Local Subsidies: $142,365,948
Subsidy Tracker
Violation Tracker

Details on Accountability data sources