COVID Stimulus Watch Individual Entry

Recipient Company:
Cisco Systems Inc
Loan or Loan Guarantee Amount:
$1,069,002

Recipient Details

Ownership Structure: publicly traded (ticker symbol CSCO)

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: Cisco Systems
Headquartered in: California
Parent Sector: electrical and electronic equipment
Parent Industry: electronic equipment
Employees (prior to pandemic): 75,900

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $2,000,000
Contracting icon
Government-contracting-related Penalties: $48,000,000
Environment icon
Environmental / Healthcare / Safety Penalties: $23,000
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $6,000,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 181 to 1
CEO Compensation: $25,829,833
Worker Median Pay: $142,593
Tax icon
Total Federal, State, and Local Subsidies: $41,293,422
Subsidy Tracker
Violation Tracker

Details on Accountability data sources