COVID Stimulus Watch Parent Company Summary
Parent Company Name:
3M Company
Grant Total: $0
Face Value of Loans Total: $19,222,737
Parent Company Data
Ownership Structure: publicly traded (ticker symbol MMM)
Headquartered in: Minnesota
Sector: miscellaneous manufacturing
Industry: diversified
Employees (prior to pandemic): 96,163
Parent Accountability Issues Since 2010
Employment-related Penalties: $21,949,213
Government-contracting-related Penalties: $9,100,000
Environmental / Healthcare / Safety Penalties: $891,265,612
Consumer Protection / Financial / Competition-related Penalties: $480,000
Ratio of CEO Pay to that of Median Worker: 319 to 1
CEO Compensation: $18,321,566
Worker Median Pay: $57,494
Total Federal, State, and Local Subsidies: $133,398,440
Federal Corporate Income Tax Rate: 17.8%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$4,356,304
Contract Amount:
Award Date:Jun 28, 2020
State:
Grant Amount:
Face Loan Amount:$1,033,228
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,063,481
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,080,139
Contract Amount:
Award Date:Jul 10, 2020
State:MN
Grant Amount:
Face Loan Amount:
Contract Amount:$249,423
Award Date:Apr 30, 2020
State:MN
Grant Amount:
Face Loan Amount:
Contract Amount:$236,978
Award Date:Aug 26, 2016
State:MN
Grant Amount:
Face Loan Amount:
Contract Amount:$160,619
Award Date:Apr 10, 2020
State:CT
Grant Amount:
Face Loan Amount:
Contract Amount:$103,846
Award Date:Mar 5, 2020