COVID Stimulus Watch Individual Entry
Recipient Company:
Nike Inc
Loan or Loan Guarantee Amount:
$2,154,373
Recipient Details
Ownership Structure: publicly traded (ticker symbol NKE)
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: Nike
Headquartered in: Oregon
Parent Sector: apparel
Parent Industry: apparel
Employees (prior to pandemic): 76,700
Accountability Issues Since 2010
Employment-related Penalties: $10,125,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $24,040
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 550 to 1
CEO Compensation: $13,968,022
Worker Median Pay: $25,386
Total Federal, State, and Local Subsidies: $2,101,356,165
Federal Corporate Income Tax Rate: 13.8%
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