COVID Stimulus Watch Individual Entry
Recipient Company:
PayPal Holdings Inc
Loan or Loan Guarantee Amount:
$1,066,893
Recipient Details
Ownership Structure: publicly traded (ticker symbol PYPL)
Award Details
Award Date: Nov 20, 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
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $32,867,800
Ratio of CEO Pay to that of Median Worker: 367 to 1
CEO Compensation: $25,825,473
Worker Median Pay: $70,405
Total Federal, State, and Local Subsidies: $9,649,700
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