COVID Stimulus Watch Individual Entry
Recipient Company:
Procter & Gamble Co/The
Loan or Loan Guarantee Amount:
$5,471,939
Recipient Details
Ownership Structure: publicly traded (ticker symbol PG)
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: Procter & Gamble
Headquartered in: Ohio
Parent Sector: household and personal care products
Parent Industry: household & personal care products
Employees (prior to pandemic): 97,000
Accountability Issues Since 2010
Employment-related Penalties: $291,283
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $371,096
Consumer Protection / Financial / Competition-related Penalties: $867,500
Ratio of CEO Pay to that of Median Worker: 309 to 1
CEO Compensation: $20,498,812
Worker Median Pay: $66,326
Total Federal, State, and Local Subsidies: $106,231,884
Federal Corporate Income Tax Rate: 21.2%
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