COVID Stimulus Watch Individual Entry

Recipient Company:
EMD Finance LLC
Loan or Loan Guarantee Amount:
$1,116,660

Recipient Details

Ownership Structure: publicly traded

Award Details

Award Date: Sep 8, 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: Merck KGaA (EMD)
Headquartered in: Germany
Parent Sector: pharmaceuticals
Parent Industry: pharmaceuticals

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Government-contracting-related Penalties: $44,300,000
Environment icon
Environmental / Healthcare / Safety Penalties: $3,742,487
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $22,500
CEOpay icon
Good Jobs First has no data in this category
Tax icon
Total Federal, State, and Local Subsidies: $5,812,692
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