COVID Stimulus Watch Individual Entry

Recipient Company:
Visa Inc
Loan or Loan Guarantee Amount:
$4,186,939

Recipient Details

Ownership Structure: publicly traded (ticker symbol V)

Award Details

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
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

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
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Good Jobs First has no data in this category
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $2,270,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 170 to 1
CEO Compensation: $24,265,771
Worker Median Pay: $142,494
Tax icon
Total Federal, State, and Local Subsidies: $19,251,386
Federal Corporate Income Tax Rate: 20.1%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources