US government refuses to say which small businesses received PPP loans - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The US Government is refusing to say which businesses received over $500 billion in coronavirus bailout loans

Treasury Secretary Steven Mnuchin speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington.The US government declined to share which small businesses have received loans under the Payroll Protection Program.

Some 438 publicly traded companies have disclosed about $1.38 billion worth of loans in regulatory filings, according to FactSquared, which has been checking thousands of filings. In some cases, large companies returned the money after public backlash forced the Treasury Department to tighten its rules for the program and more closely review applications.

"We believe that that's proprietary information, and in many cases for sole proprietors and small businesses, it is confidential information," Treasury Secretary Steven Mnuchin told lawmakers on Capitol Hill on Wednesday. Usually, the Small Business Administration — which has overseen the PPP — discloses recipients of its loans.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 729. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

AbsolutelyOutrageous

Elected by the people

Slush fund of taxpayer's money for friends of the GOP is a state secret! I am outraged!

What wait ..,,, So basically it’s not our business

No worries. Audit can start end of Jan 2021.

The US government didn’t even say which congresspeople used taxpayer money to settle sexual harrasment claims.

I wonder why lmaooooo

BREAKING WHO says coronavirus situation 'worsening' worldwide COVID19.,

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Treasury Secretary Mnuchin announced 3 big changes to PPP small business loan program - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Satan couldn't have picked better could he?
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

The SBA says it's loosening payroll restrictions to allow PPP partial loan forgiveness - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. America soul poisoned with prejudice for people they brought here as slaves cheap labor. Perception of many whites cant see black people in any other way
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Mnuchin loosens restrictions on small-business loans to ease forgiveness, but borrowers to remain secretThe treasury secretary told Congress he wants to ease a path to forgiveness for borrowers but won’t release their names.
Fuente: washingtonpost - 🏆 95. / 72 Leer más »