COVID Stimulus Watch Individual Entry
Recipient Company:
QUALCOMM INC
Loan or Loan Guarantee Amount:
$4,198,933
Recipient Details
Ownership Structure: publicly traded (ticker symbol QCOM)
Award Details
Award Date: Jul 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: Qualcomm
Headquartered in: California
Parent Sector: miscellaneous manufacturing
Parent Industry: telecommunications equipment
Employees (prior to pandemic): 37,000
Accountability Issues Since 2010
Employment-related Penalties: $19,500,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $16,540
Consumer Protection / Financial / Competition-related Penalties: $7,500,000
Ratio of CEO Pay to that of Median Worker: 256 to 1
CEO Compensation: $23,065,052
Worker Median Pay: $90,259
Total Federal, State, and Local Subsidies: $2,288,965
Violation Tracker
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues