COVID Stimulus Watch Individual Entry
Recipient Company:
Micron Technology Inc
Loan or Loan Guarantee Amount:
$1,048,658
Recipient Details
Ownership Structure: publicly traded (ticker symbol MU)
Award Details
Award Date: Dec 24, 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
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $175,101
Consumer Protection / Financial / Competition-related Penalties: $71,122,432
Ratio of CEO Pay to that of Median Worker: 279 to 1
CEO Compensation: $16,944,751
Worker Median Pay: $60,796
Total Federal, State, and Local Subsidies: $120,062,865
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