COVID Stimulus Watch Individual Entry
Recipient Company:
Principal Financial Group Inc
Loan or Loan Guarantee Amount:
$2,220,540
Recipient Details
Ownership Structure: publicly traded (ticker symbol PFG)
Award Details
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:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Principal Financial
Headquartered in: Iowa
Parent Sector: financial services
Parent Industry: insurance
Accountability Issues Since 2010
Employment-related Penalties: $3,000,000
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $10,301,459
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $22,543,216
Federal Corporate Income Tax Rate: -3.3%
Violation Tracker
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues