COVID Stimulus Watch Individual Entry

Recipient Company:
EATON CORP
Loan or Loan Guarantee Amount:
$1,057,194

Recipient Details

Ownership Structure: publicly traded (ticker symbol ETN)

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: Eaton
Headquartered in: Ireland
Parent Sector: industrial equipment
Parent Industry: industrial equipment
Employees (prior to pandemic): 101,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $81,367
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $937,445
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 346 to 1
CEO Compensation: $19,962,364
Worker Median Pay: $57,712
Tax icon
Total Federal, State, and Local Subsidies: $151,722,764
Subsidy Tracker
Violation Tracker

Details on Accountability data sources