COVID Stimulus Watch Individual Entry
Recipient Company:
Paccar Financial Corp
Loan or Loan Guarantee Amount:
$2,660,050
Recipient Details
Ownership Structure: publicly traded (ticker symbol PCAR)
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: Paccar
Headquartered in: Washington
Parent Sector: motor vehicles
Parent Industry: motor vehicles
Employees (prior to pandemic): 27,000
Accountability Issues Since 2010
Employment-related Penalties: $71,713
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $45,301
Consumer Protection / Financial / Competition-related Penalties: $1,934,325
Ratio of CEO Pay to that of Median Worker: 94 to 1
CEO Compensation: $7,430,608
Worker Median Pay: $79,282
Total Federal, State, and Local Subsidies: $122,754,238
Federal Corporate Income Tax Rate: 16.0%
Violation Tracker
Employment Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues