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Subsidy Tracker Individual Entry

Company: General Motors
Parent Company: General Motors
Subsidy Source: federal
State in Which Facility Is Located: Michigan
Year: 2009
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Value of Loan, Loan Guarantee or Bailout Assistance: $360,600,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Troubled Asset Relief Program (TARP) - Auto Warranty Commitment Program
Awarding Agency: Department of Treasury
Type of Subsidy: federal loan or loan guarantee
Source of Data: Page 127 of the October 29, 2014 Quarterly Report to Congress of the Office of the Special Inspector General for the Troubled Asset Relief Program; (click here)
Notes: The loan, which guaranteed vehicle warranties during the company's bankruptcy, was later repaid.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.