COVID Stimulus Watch Individual Entry

Recipient Company:
General Motors Co
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol GM)

Award Details

Award Date: Nov 20, 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:

Parent Company Data

Parent Company: General Motors
Headquartered in: Michigan
Parent Sector: motor vehicles
Parent Industry: motor vehicles
Employees (prior to pandemic): 164,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $47,361
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $1,274,510,770
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $14,125,800
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 203 to 1
CEO Compensation: $21,630,867
Worker Median Pay: $106,715
Tax icon
Total Federal, State, and Local Subsidies: $3,844,983,260
Federal Corporate Income Tax Rate: -2.4%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources