Hundreds of public companies hold on to small business loans as deadline to return money nears

, it filed a prospectus to issue shares, and ultimately raised $10.75 million last month from stock sales., a maker of diabetes medication, which reaped $39.9 million from share sales in February. The Chicago-based company got $5.1 million from the PPP on April 22, and later decided to return $900,000 of that, keeping the rest for payroll and other expenses, the firm said., a Texas-based maker of fiber-optic networking products, is another company that has ready access to capital markets.

Steven Mnuchin, U.S. Treasury secretary, center, walks through the U.S. Capitol in Washington, D.C., U.S., on Sunday, March 22, 2020.Cutera, the beauty device maker, struck a similar tone this month in a quarterly filing. The company said that its certification that it needed the PPP was "subject to interpretation" after the SBA updated guidelines in late April.

Representatives from Cutera, Xeris Pharmaceuticals and Applied Optoelectronics didn't immediately respond to a request for comment. The company declined to respond to follow-up questions about its suitability for the program given its demonstrated ability to raise funds from investors.

Five-eye alliance should sue the Chinese Communist Party for claims

All those greedy big boys shouldn't be helped at all 😡. They have access to the capital markets and they should raise the money there and not compete with the SMEs, which suffered most.

That’s dirty and slimy. Small biz like mine need that money to survive. Despicable.

SURPRISE!

This is mildly infuriating.

mr_jettlife

This is disgusting! If ppl want to risk gathering and protesting, protest this nonsense!

This is what happens when the next day POTUS removes oversight realDonaldTrump GOP CNN cnnbrk FoxNews foxandfriends

Fccckkkiiinngg Grreeeedddyy Baaassstttaaarrrrddsss!!!!!!!

Россия Последние новости, Россия Последние новости

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