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.
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.,
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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?
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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.
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