Public companies received $1 billion in stimulus funds meant for small businesses - News Summed Up

Public companies received $1 billion in stimulus funds meant for small businesses


Some of the companies that received the loans were large in another way: Their CEOs have been making millions. The company received $6.5 million in funding from the program. That company received $4.8 million from the program but has said it will return it. The company received $7.2 million from the program but has decided to return it, too. The companies used more than 100 filings to seek $126 million total and received $76 million.


Source: Washington Post May 01, 2020 12:20 UTC



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