COVID Stimulus Watch Individual Entry

Recipient Company:
Lowe's Cos Inc
Loan or Loan Guarantee Amount:
$1,139,250

Recipient Details

Ownership Structure: publicly traded (ticker symbol LOW)

Award Details

Award Date: Oct 13, 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: Lowe's
Headquartered in: North Carolina
Parent Sector: retailing
Parent Industry: retail-home improvement
Employees (prior to pandemic): 320,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $45,932,549
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $33,721,047
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $2,040,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 511 to 1
CEO Compensation: $11,621,369
Worker Median Pay: $22,748
Tax icon
Total Federal, State, and Local Subsidies: $186,227,734
Federal Corporate Income Tax Rate: 24.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources