AP: Publicly traded firms get $300M in small-business loans ( MOST OF THE MONEY)


 

(From Yahoo News)

The Paycheck Protection Program was supposed to infuse small businesses, which typically have less access to quick cash and credit, with $349 billion in emergency loans that could help keep workers on the job and bills paid on time.

But at least 75 companies that received the aid were publicly traded, the AP found, and some had market values well over $100 million.

Reprinted from: https://www.ac2news.com/2020/04/ap-publicly-traded-firms-get-300m-in-small-business-loans-most-of-the-money/

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