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 Details

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:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Starbucks
Headquartered in: Washington
Parent Sector: restaurants and foodservice
Parent Industry: restaurants
Employees (prior to pandemic): 346,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $29,730,466
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $3,871,119
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 1675 to 1
CEO Compensation: $19,241,950
Worker Median Pay: $11,489
Tax icon
Total Federal, State, and Local Subsidies: $1,137,264
Federal Corporate Income Tax Rate: -1.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources