COVID Stimulus Watch Individual Entry

Recipient Company:
Parker-Hannifin Corp
Loan or Loan Guarantee Amount:
$2,168,400

Recipient Details

Ownership Structure: publicly traded (ticker symbol PH)

Award Details

Award Date: Dec 2, 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: Parker-Hannifin
Headquartered in: Ohio
Parent Sector: industrial equipment
Parent Industry: industrial equipment
Employees (prior to pandemic): 55,610

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $3,536,871
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $1,997,289
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $2,290,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 305 to 1
CEO Compensation: $17,472,500
Worker Median Pay: $57,282
Tax icon
Total Federal, State, and Local Subsidies: $27,639,646
Federal Corporate Income Tax Rate: 13.3%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources