US Reps blast five large companies for taking PPP coronavirus funding - Business Insider

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US lawmakers blast five large corporations for taking $50 million meant for small businesses. Only one is returning the money.

. Business Insider has reached out to the other four companies that received letters — and received a $10 million loan — and will update this post if comment is received.

If the companies addressed by the committee opt to not return the money by May 11, lawmakers want to see "all documents and communications" between them and the Small Business Administration in order to prove their need for the funds and appropriate usage. "Congress did not intend for these funds to be used by large corporations that have a substantial investor base and access to capital markets," the lawmakers' said.

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Corporate Tapeworms..

They should give the money back! We should have separate departments within the USTreasury so companies of all sizes can be helped.

Don't hate the player hate the game. Congress set the rules.

Greedy big business stealing from small businesses, what else is new? Big business doesn't even pay taxes, Catholic churches got money, they don't pay taxes. Republican money give away.

Who has released the money to them? Maybe, need an investigation from India? We can find it in hours.

Whatever BLAST means. It looks like a well REHEARSED DRAMA. How else could these companies buy back their shares to please the BLASTERS?

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