COVID Stimulus Watch Individual Entry
Recipient Company:
Visa Inc
Loan or Loan Guarantee Amount:
$5,283,044
Recipient Details
Ownership Structure: publicly traded (ticker symbol V)
Award Details
Award Date: Jun 28, 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: Visa
Headquartered in: California
Parent Sector: financial services
Parent Industry: financial services
Employees (prior to pandemic): 19,500
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $2,270,000
Ratio of CEO Pay to that of Median Worker: 170 to 1
CEO Compensation: $24,265,771
Worker Median Pay: $142,494
Total Federal, State, and Local Subsidies: $19,251,386
Federal Corporate Income Tax Rate: 20.1%
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues