COVID Stimulus Watch Individual Entry

Recipient Company:
Micron Technology Inc
Loan or Loan Guarantee Amount:
$1,043,148

Recipient Details

Ownership Structure: publicly traded (ticker symbol MU)

Award Details

Award Date: Oct 22, 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: Micron Technology
Headquartered in: Idaho
Parent Sector: electrical and electronic equipment
Parent Industry: semiconductors
Employees (prior to pandemic): 37,000

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $175,101
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $71,122,432
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 279 to 1
CEO Compensation: $16,944,751
Worker Median Pay: $60,796
Tax icon
Total Federal, State, and Local Subsidies: $120,062,865
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues