COVID Stimulus Watch Individual Entry

Recipient Company:

PPL Capital Funding Inc

Loan or Loan Guarantee Amount:

$2,127,193

Recipient Details

Ownership Structure: publicly traded (ticker symbol PPL)

Award Date: Aug 10, 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:

Parent Company: PPL Corp.

Headquartered in: Pennsylvania

Parent Sector: utilities and power generation

Parent Industry: utilities

Employees (prior to pandemic): 19,251

Employment-related Penalties: $196,858

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $59,018,410

Consumer Protection / Financial / Competition-related Penalties: $125,000

Ratio of CEO Pay to that of Median Worker: 96 to 1

CEO Compensation: $9,843,348

Worker Median Pay: $147,463

Total Federal, State, and Local Subsidies: $28,205,698

Federal Corporate Income Tax Rate: -1.7%