COVID Stimulus Watch Individual Entry

Recipient Company:
PayPal Holdings Inc
Loan or Loan Guarantee Amount:
$1,046,088

Recipient Details

Ownership Structure: publicly traded (ticker symbol PYPL)

Award Details

Award Date: Oct 8, 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: PayPal Holdings
Headquartered in: California
Parent Sector: financial services
Parent Industry: online payments
Employees (prior to pandemic): 23,200

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $32,867,800
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 367 to 1
CEO Compensation: $25,825,473
Worker Median Pay: $70,405
Tax icon
Total Federal, State, and Local Subsidies: $9,649,700
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues