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Posted On: 04/25/2020 10:40:56 AM
Post# of 120620
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Firms with Trump links or worth $100 million got small business loans
Three companies with ties to the Trump admin received millions under the PPP program. Another got a loan from a bank that once employed its board's chair.
At least 15 companies with links to Trump reported receiving money under the program have stock market values of at least $100 million, according to a report from Morgan Stanley — even though Treasury Secretary Steven Mnuchin said Tuesday the program was not meant to benefit "big public companies that have access to capital."
https://www.nbcnews.com/business/economy/firm...s-n1190741
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