COVID Stimulus Watch Individual Entry

Recipient Company:

Costco Wholesale Corp

Loan or Loan Guarantee Amount:

$2,058,033

Recipient Details

Ownership Structure: publicly traded (ticker symbol COST)

Award Date: Nov 25, 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:

Parent Company: Costco

Headquartered in: Washington

Parent Sector: retailing

Parent Industry: retail

Employees (prior to pandemic): 254,000

Employment-related Penalties: $28,563,959

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $18,300,982

Consumer Protection / Financial / Competition-related Penalties: $4,105,000

Ratio of CEO Pay to that of Median Worker: 169 to 1

CEO Compensation: $8,016,200

Worker Median Pay: $47,312

Total Federal, State, and Local Subsidies: $40,979,896

Federal Corporate Income Tax Rate: 16.5%