COVID Stimulus Watch Individual Entry
Recipient Company:
Carrier Global Corp
Loan or Loan Guarantee Amount:
$2,110,369
Recipient Details
Ownership Structure: publicly traded (ticker symbol CARR)
Award Details
Award Date: Nov 4, 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: Carrier Global Corporation
Headquartered in: Florida
Parent Sector: building materials
Parent Industry: air conditioning equipment
Employees (prior to pandemic): 53,000
Accountability Issues Since 2010
Employment-related Penalties: $16,243
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $12,678,930
Consumer Protection / Financial / Competition-related Penalties: $12,000
CEO Compensation: $7,739,280
Total Federal, State, and Local Subsidies: $20,476,391
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues