COVID Stimulus Watch Individual Entry

Recipient Company:
Eastman Chemical Co
Loan or Loan Guarantee Amount:
$1,031,394

Recipient Details

Ownership Structure: publicly traded (ticker symbol EMN)

Award Details

Award Date: Dec 17, 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: Eastman Chemical
Headquartered in: Tennessee
Parent Sector: chemicals
Parent Industry: chemicals
Employees (prior to pandemic): 14,500

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $30,115,042
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 178 to 1
CEO Compensation: $14,556,133
Worker Median Pay: $81,638
Tax icon
Total Federal, State, and Local Subsidies: $32,725,432
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues