COVID Stimulus Watch Individual Entry
Recipient Company:
DOW CHEMICAL CO/THE
Loan or Loan Guarantee Amount:
$4,333,900
Recipient Details
Ownership Structure: publicly traded (ticker symbol DOW)
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: Dow Inc.
Headquartered in: Michigan
Parent Sector: chemicals
Parent Industry: materials sciences
Employees (prior to pandemic): 36,500
Accountability Issues Since 2010
Good Jobs First has no data in this category
Government-contracting-related Penalties: $479,000
Environmental / Healthcare / Safety Penalties: $247,455,201
Consumer Protection / Financial / Competition-related Penalties: $1,750,000
Ratio of CEO Pay to that of Median Worker: 145 to 1
CEO Compensation: $14,125,020
Worker Median Pay: $109,556
Total Federal, State, and Local Subsidies: $476,802,074
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