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  4. Quantum Materials Corp. (QTMM) Message Board

"Maybe John Hartigan and Co applied for the PPP st

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Post# of 22465
(Total Views: 298)
Posted On: 04/29/2020 11:37:43 AM
Posted By: TedJ
Re: rodman #14020
"Maybe John Hartigan and Co applied for the PPP stimulus funding as well?"

Here is a list of the public companies that have received SBA PPP loans under the Care Act.

https://factba.se/sba-loans

Of course it is based on the public companies that filed their 8-Ks with the SEC.

If QMC is applying for a loan I would expect the CFO to do that, not the marketing guy.

To get one of these loans, a company has to apply to a bank and the bank makes the loan, backed by the SBA.

Also I've seen a lot of people complaining about publicly traded companies, which have access to capital through the stock markets, get SBA loans, rather than the money going to the small mom & pop businesses.

https://www.cnn.com/2020/04/20/business/shake...index.html


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