COVID Stimulus Watch Individual Entry
Recipient Company:
Ecolab Inc
Loan or Loan Guarantee Amount:
$1,040,558
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: ECL)
Award Details
Award Date: Oct 13, 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: Ecolab
Headquartered in: Minnesota
Parent Sector: chemicals
Parent Industry: cleaning products
Employees (prior to pandemic): 50,200
Accountability Issues Since 2010
Employment-related Penalties: $86,555,990
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $3,467,887
Consumer Protection / Financial / Competition-related Penalties: $4,000,000
Ratio of CEO Pay to that of Median Worker: 365 to 1
CEO Compensation: $19,803,193
Worker Median Pay: $54,234
Total Federal, State, and Local Subsidies: $28,329,426
Federal Corporate Income Tax Rate: 0.6%
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Contracting Issues