COVID Stimulus Watch Individual Entry

Recipient Company:

Sherwin-Williams Co/The

Loan or Loan Guarantee Amount:

$4,331,423

Recipient Details

Ownership Structure: publicly traded (ticker symbol SHW)

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: Sherwin-Williams

Headquartered in: Ohio

Parent Sector: paints and coatings

Parent Industry: paints & coatings

Employees (prior to pandemic): 61,111

Employment-related Penalties: $83,650,000

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $3,866,520

Consumer Protection / Financial / Competition-related Penalties: $101,683,167

Ratio of CEO Pay to that of Median Worker: 349 to 1

CEO Compensation: $14,854,731

Worker Median Pay: $42,590

Total Federal, State, and Local Subsidies: $125,076,554

Federal Corporate Income Tax Rate: 22.1%