COVID Stimulus Watch Individual Entry
Recipient Company:
BMW US Capital LLC
Loan or Loan Guarantee Amount:
$2,240,480
Recipient Details
Ownership Structure: publicly traded
Award Details
Award Date: Oct 23, 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
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: BMW
Headquartered in: Germany
Parent Sector: motor vehicles
Parent Industry: motor vehicles
Employees (prior to pandemic): 2,847,434
Accountability Issues Since 2010
Employment-related Penalties: $1,600,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $164,126,900
Consumer Protection / Financial / Competition-related Penalties: $20,165,518
CEO Compensation: $5,225,597
Total Federal, State, and Local Subsidies: $32,502,298
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