COVID Stimulus Watch Individual Entry

Recipient Company:
Kellogg Co
Loan or Loan Guarantee Amount:
$1,064,943

Recipient Details

Ownership Structure: publicly traded (ticker symbol K)

Award Details

Award Date: Dec 22, 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: Kellogg Co.
Headquartered in: Michigan
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 31,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $17,602,375
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $860,398
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 249 to 1
CEO Compensation: $9,694,223
Worker Median Pay: $38,895
Tax icon
Total Federal, State, and Local Subsidies: $16,923,530
Federal Corporate Income Tax Rate: 2.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues