COVID Stimulus Watch Individual Entry

Recipient Company:
CVS Health Corp
Loan or Loan Guarantee Amount:
$3,411,068

Recipient Details

Ownership Structure: publicly traded (ticker symbol CVS)

Award Details

Award Date: Jun 28, 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
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: CVS Health
Headquartered in: Rhode Island
Parent Sector: retailing
Parent Industry: retail-pharmacies
Employees (prior to pandemic): 290,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $90,653,923
Contracting icon
Government-contracting-related Penalties: $247,864,230
Environment icon
Environmental / Healthcare / Safety Penalties: $297,135,826
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $92,140,851
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 790 to 1
CEO Compensation: $36,466,470
Worker Median Pay: $46,140
Tax icon
Total Federal, State, and Local Subsidies: $176,281,693
Federal Corporate Income Tax Rate: 21.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources