COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Laboratory Corp. of America
Grant Total: $328,687,316
Face Value of Loans Total: $6,560,967
Parent Company Data
Ownership Structure: publicly traded (ticker symbol LH)
Headquartered in: North Carolina
Sector: healthcare services
Industry: healthcare services
Employees (prior to pandemic): 65,000
Parent Accountability Issues Since 2010
Employment-related Penalties: $2,823,742
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $142,001
Consumer Protection / Financial / Competition-related Penalties: $235,000
Ratio of CEO Pay to that of Median Worker: 314 to 1
CEO Compensation: $13,138,362
Worker Median Pay: $41,834
Total Federal, State, and Local Subsidies: $25,558,335
Federal Corporate Income Tax Rate: 24.1%
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:$4,372,644
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,118,800
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,069,523
Contract Amount:
Award Date:Oct 8, 2020
State:NC
Grant Amount:$220,085,400
Face Loan Amount:
Contract Amount:
Award Date:Jul 29, 2021
State:NC
Grant Amount:$108,601,916
Face Loan Amount:
Contract Amount:
Award Date:Jul 29, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$24,940,000
Award Date:Dec 29, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$12,993,534
Award Date:Nov 18, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$4,593,906
Award Date:Jul 30, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$4,192,500
Award Date:Jun 2, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$3,828,704
Award Date:May 28, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$3,260,587
Award Date:Mar 31, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$2,565,500
Award Date:Sep 1, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$1,319,289
Award Date:Apr 30, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200,000
Award Date:Sep 18, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$700,000
Award Date:Jun 26, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$622,000
Award Date:Dec 31, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$541,060
Award Date:Dec 16, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$333,000
Award Date:Aug 3, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$312,468
Award Date:Mar 29, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$235,000
Award Date:Mar 31, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$225,000
Award Date:Jun 17, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$216,000
Award Date:Apr 30, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$210,000
Award Date:Sep 3, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$153,355
Award Date:Sep 13, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$145,925
Award Date:Mar 26, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$64,212
Award Date:Apr 30, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$52,209
Award Date:Dec 30, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$50,899
Award Date:Nov 20, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$43,000
Award Date:Mar 28, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$34,879
Award Date:Mar 31, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$20,239
Award Date:Sep 13, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$17,088
Award Date:Aug 28, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$11,300
Award Date:Aug 13, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$9,290
Award Date:Sep 12, 2019
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$7,500
Award Date:Jun 2, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$7,200
Award Date:Mar 27, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$5,100
Award Date:Jun 4, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$3,543
Award Date:May 18, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$544,875
Award Date:Jan 14, 2021
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$249,873
Award Date:Sep 23, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$2,500
Award Date:May 7, 2020
State:NC
Grant Amount:
Face Loan Amount:
Contract Amount:$800
Award Date:Oct 2, 2019
State:MN
Grant Amount:
Face Loan Amount:
Contract Amount:$28,475
Award Date:Aug 27, 2020
State:MN
Grant Amount:
Face Loan Amount:
Contract Amount:$20,000
Award Date:Mar 31, 2021
State:CA
Grant Amount:
Face Loan Amount:
Contract Amount:$1,079,100
Award Date:Oct 26, 2020
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues