COVID Stimulus Watch Individual Entry
Recipient Company:
PepsiCo Inc
Loan or Loan Guarantee Amount:
$2,009,337
Recipient Details
Ownership Structure: publicly traded (ticker symbol PEP)
Award Details
Award Date: Dec 16, 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: PepsiCo
Headquartered in: New York
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 267,000
Accountability Issues Since 2010
Employment-related Penalties: $27,260,522
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $2,316,612
Consumer Protection / Financial / Competition-related Penalties: $300,000
Ratio of CEO Pay to that of Median Worker: 368 to 1
CEO Compensation: $16,870,817
Worker Median Pay: $45,896
Total Federal, State, and Local Subsidies: $60,304,246
Federal Corporate Income Tax Rate: 11.3%
Violation Tracker
Tax / Subsidy Issues
Contracting Issues