COVID Stimulus Watch Individual Entry

Recipient Company:
Apple Inc
Loan or Loan Guarantee Amount:
$2,124,240

Recipient Details

Ownership Structure: publicly traded (ticker symbol AAPL)

Award Details

Award Date: Aug 10, 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: Apple Inc.
Headquartered in: California
Parent Sector: electrical and electronic equipment
Parent Industry: computers
Employees (prior to pandemic): 137,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $105,750,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $527,958
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $595,966,912
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 201 to 1
CEO Compensation: $11,555,466
Worker Median Pay: $57,596
Tax icon
Total Federal, State, and Local Subsidies: $488,919,734
Federal Corporate Income Tax Rate: 16.9%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources