COVID Stimulus Watch Individual Entry

Recipient Company:

Starbucks Corp

Loan or Loan Guarantee Amount:

$1,067,043

Recipient Details

Ownership Structure: publicly traded (ticker symbol SBUX)

Award Date: Dec 29, 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: Starbucks

Headquartered in: Washington

Parent Sector: restaurants and foodservice

Parent Industry: restaurants

Employees (prior to pandemic): 346,000

Employment-related Penalties: $29,730,466

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $3,871,119

Ratio of CEO Pay to that of Median Worker: 1675 to 1

CEO Compensation: $19,241,950

Worker Median Pay: $11,489

Total Federal, State, and Local Subsidies: $1,137,264

Federal Corporate Income Tax Rate: -1.6%