COVID Stimulus Watch Individual Entry

Recipient Company:
BorgWarner Inc
Loan or Loan Guarantee Amount:
$1,103,147

Recipient Details

Ownership Structure: publicly traded (ticker symbol BWA)

Award Details

Award Date: Nov 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
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: BorgWarner
Headquartered in: Michigan
Parent Sector: automotive parts
Parent Industry: automotive parts

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $86,734
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $950,000
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $17,127,217
Federal Corporate Income Tax Rate: 4.4%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues