COVID Stimulus Watch Individual Entry
Recipient Company:
NESTLE HOLDINGS INC
Loan or Loan Guarantee Amount:
$3,280,914
Recipient Details
Ownership Structure: publicly traded
Award Details
Award Date: Jul 10, 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: Nestle
Headquartered in: Switzerland
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 291,000
Accountability Issues Since 2010
Employment-related Penalties: $3,860,071
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $2,414,673
CEO Compensation: $11,381,287
Total Federal, State, and Local Subsidies: $67,388,055
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