COVID Stimulus Watch Individual Entry
Recipient Company:
Daimler Finance North America LLC
Loan or Loan Guarantee Amount:
$3,067,358
Recipient Details
Ownership Structure: publicly traded
Award Details
Award Date: Oct 9, 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: Daimler
Headquartered in: Germany
Parent Sector: motor vehicles
Parent Industry: motor vehicles
Employees (prior to pandemic): 298,655
Accountability Issues Since 2010
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CEO Compensation: $5,779,047
Total Federal, State, and Local Subsidies: $23,991,941
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