COVID Stimulus Watch Individual Entry
Recipient Company:
Mastercard Inc
Loan or Loan Guarantee Amount:
$1,067,855
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: MA)
Award Details
Award Date: Dec 29, 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: MasterCard
Headquartered in: New York
Parent Sector: financial services
Parent Industry: financial services
Employees (prior to pandemic): 18,600
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $14,125,000
Ratio of CEO Pay to that of Median Worker: 168 to 1
CEO Compensation: $23,249,977
Worker Median Pay: $138,142
Total Federal, State, and Local Subsidies: $26,108,056
Federal Corporate Income Tax Rate: 18.2%
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