COVID Stimulus Watch Individual Entry
Recipient Company:
J M Smucker Co/The
Loan or Loan Guarantee Amount:
$2,249,563
Recipient Details
Ownership Structure: publicly traded (ticker symbol SJM)
Award Details
Award Date: Dec 16, 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: J.M. Smucker Co.
Headquartered in: Ohio
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 7,300
Accountability Issues Since 2010
Employment-related Penalties: $200,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $212,782
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 136 to 1
CEO Compensation: $10,728,961
Worker Median Pay: $79,071
Total Federal, State, and Local Subsidies: $98,743,034
Federal Corporate Income Tax Rate: 28.0%
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues