COVID Stimulus Watch Individual Entry

Recipient Company:

Kohl's Corp

Loan or Loan Guarantee Amount:

$1,008,580

Recipient Details

Ownership Structure: publicly traded (ticker symbol KSS)

Award Date: Oct 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:

Parent Company: Kohl's

Headquartered in: Wisconsin

Parent Sector: retailing

Parent Industry: retail-department stores

Employees (prior to pandemic): 122,000

Employment-related Penalties: $7,633,174

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $106,755

Consumer Protection / Financial / Competition-related Penalties: $1,588,186

Ratio of CEO Pay to that of Median Worker: 923 to 1

CEO Compensation: $8,983,392

Worker Median Pay: $9,738

Total Federal, State, and Local Subsidies: $106,033,208

Federal Corporate Income Tax Rate: 22.9%