COVID Stimulus Watch Individual Entry
Recipient Company:
Boardwalk Pipelines LP
Loan or Loan Guarantee Amount:
$1,103,410
Recipient Details
Ownership Structure: publicly traded (ticker symbol L)
Award Details
Award Date: Sep 8, 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: Loews Corp.
Headquartered in: New York
Parent Sector: diversified
Parent Industry: diversified
Accountability Issues Since 2010
Employment-related Penalties: $25,128,450
Government-contracting-related Penalties: $5,750,000
Environmental / Healthcare / Safety Penalties: $1,105,271
Consumer Protection / Financial / Competition-related Penalties: $5,680,655
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $6,645,208
Federal Corporate Income Tax Rate: 1.0%
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