COVID Stimulus Watch Individual Entry
Recipient Company:
CINTAS CORPORATION NO. 2
Loan or Loan Guarantee Amount:
$1,570,613
Recipient Details
Ownership Structure: publicly traded (ticker symbol CTAS)
Award Details
Award Date: Jul 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: Cintas
Headquartered in: Ohio
Parent Sector: business services
Parent Industry: business services
Employees (prior to pandemic): 40,000
Accountability Issues Since 2010
Employment-related Penalties: $35,339,654
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $3,410,479
Ratio of CEO Pay to that of Median Worker: 165 to 1
CEO Compensation: $8,621,245
Worker Median Pay: $52,302
Total Federal, State, and Local Subsidies: $5,833,485
Federal Corporate Income Tax Rate: 13.1%
Violation Tracker
Tax / Subsidy Issues
Contracting Issues