COVID Stimulus Watch Individual Entry
Recipient Company:
General Mills Inc
Loan or Loan Guarantee Amount:
$4,396,409
Recipient Details
Ownership Structure: publicly traded (ticker symbol GIS)
Award Details
Award Date: Jun 28, 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: General Mills
Headquartered in: Minnesota
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 35,000
Accountability Issues Since 2010
Employment-related Penalties: $12,500
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $136,361
Consumer Protection / Financial / Competition-related Penalties: $375,000
Ratio of CEO Pay to that of Median Worker: 172 to 1
CEO Compensation: $9,855,417
Worker Median Pay: $57,177
Total Federal, State, and Local Subsidies: $25,719,568
Federal Corporate Income Tax Rate: 8.0%
Violation Tracker
Employment Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues