COVID Stimulus Watch Individual Entry

Recipient Company:
INTERPUBLIC GROUP COS
Loan or Loan Guarantee Amount:
$1,047,517

Recipient Details

Ownership Structure: publicly traded (ticker symbol IPG)

Award Details

Award Date: Jul 10, 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: Interpublic
Headquartered in: New York
Parent Sector: miscellaneous services
Parent Industry: advertising
Employees (prior to pandemic): 54,300

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $21,167,500
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 231 to 1
CEO Compensation: $16,590,172
Worker Median Pay: $71,835
Tax icon
Total Federal, State, and Local Subsidies: $20,665,455
Federal Corporate Income Tax Rate: 8.7%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources