COVID Stimulus Watch Individual Entry

Recipient Company:

ORACLE CORP

Loan or Loan Guarantee Amount:

$5,111,658

Recipient Details

Ownership Structure: publicly traded (ticker symbol ORCL)

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:

Parent Company: Oracle

Headquartered in: California

Parent Sector: information technology

Parent Industry: software

Employees (prior to pandemic): 135,000

Employment-related Penalties: $41,930,500

Government-contracting-related Penalties: $351,990,000

Good Jobs First has no data in this category

Consumer Protection / Financial / Competition-related Penalties: $2,000,000

Ratio of CEO Pay to that of Median Worker: 30 to 1

CEO Compensation: $1,662,828

Worker Median Pay: $83,813

Total Federal, State, and Local Subsidies: $251,211,815

Federal Corporate Income Tax Rate: 43.4%