COVID Stimulus Watch Individual Entry
Recipient Company:
Intel Corp
Loan or Loan Guarantee Amount:
$1,725,110
Recipient Details
Ownership Structure: publicly traded (ticker symbol INTC)
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: Intel
Headquartered in: California
Parent Sector: electrical and electronic equipment
Parent Industry: semiconductors
Employees (prior to pandemic): 110,800
Accountability Issues Since 2010
Employment-related Penalties: $112,250,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $153,500
Consumer Protection / Financial / Competition-related Penalties: $894,000
Ratio of CEO Pay to that of Median Worker: 695 to 1
CEO Compensation: $66,935,100
Worker Median Pay: $96,300
Total Federal, State, and Local Subsidies: $2,248,295,318
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