COVID Stimulus Watch Individual Entry
Recipient Company:
Lincoln National Corp
Loan or Loan Guarantee Amount:
$2,242,083
Recipient Details
Ownership Structure: publicly traded (ticker symbol LNC)
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: Lincoln National
Headquartered in: Pennsylvania
Parent Sector: financial services
Parent Industry: financial services
Employees (prior to pandemic): 11,357
Accountability Issues Since 2010
Employment-related Penalties: $17,567
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $68,998,266
Ratio of CEO Pay to that of Median Worker: 194 to 1
CEO Compensation: $15,412,217
Worker Median Pay: $79,460
Total Federal, State, and Local Subsidies: $8,856,319
Federal Corporate Income Tax Rate: 4.8%
Violation Tracker
Employment Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues