COVID Stimulus Watch Individual Entry
Recipient Company:
Marriott International
Loan or Loan Guarantee Amount:
$3,382,088
Recipient Details
Ownership Structure: publicly traded (ticker symbol Nasdaq: MAR)
Award Details
Award Date: Jun 28, 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: Marriott International
Headquartered in: Maryland
Parent Sector: hotels
Parent Industry: hotels
Employees (prior to pandemic): 174,000
Accountability Issues Since 2010
Employment-related Penalties: $10,650,570
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $618,814
Consumer Protection / Financial / Competition-related Penalties: $1,268,000
Ratio of CEO Pay to that of Median Worker: 346 to 1
CEO Compensation: $13,435,887
Worker Median Pay: $38,878
Total Federal, State, and Local Subsidies: $197,031,778
Federal Corporate Income Tax Rate: 13.9%
Violation Tracker
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues