COVID Stimulus Watch Individual Entry

Recipient Company:
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol TGT)

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
Awarding Agency: Federal Reserve
Data Source for Award:

Parent Company Data

Parent Company: Target
Headquartered in: Minnesota
Parent Sector: retailing
Parent Industry: retail-discount stores
Employees (prior to pandemic): 368,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $31,245,000
Contracting icon
Government-contracting-related Penalties: $6,025,000
Environment icon
Environmental / Healthcare / Safety Penalties: $32,338,934
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $75,008,057
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 821 to 1
CEO Compensation: $18,938,363
Worker Median Pay: $23,080
Tax icon
Total Federal, State, and Local Subsidies: $73,307,350
Federal Corporate Income Tax Rate: 9.1%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources