07-07-2020 22:12 via news.yahoo.com

Small business program scrutinized for loans to big firms

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line.Among the 650,000 companies on the partial list of recipients released Monday by the Treasury Department were fashion designers such as Oscar de la Renta, the clothing retailer Candie's and companies that own hundreds of fast-food restaurants including P.F. Chang’s an
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