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RSS FeedsGovernors` companies among recipients of virus relief loans
(WorldNews Business)

 
 

7 july 2020 01:11:14

 
Governors` companies among recipients of virus relief loans
(WorldNews Business)
 


COLUMBUS, Ohio (AP) — Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan program created to help small businesses weather COVID-19’s effect on the economy, data released Monday show. The governors of at least seven states have ties to companies that received loans through the Small Business Administration`s Paycheck Protection Program. Both Republicans and Democrats, their associated companies’ loans ranged from $150,000 to more than $11 million. It is legal for businesses owned by elected officials to apply for and receive the loans. A minor league baseball team part-owned by Ohio Gov. Mike...


 
27 viewsCategory: Business
 
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