More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking with a certification that they need the money, according to data from market research firm FactSquared.
Companies that should not have applied for the loans because they had enough resources to get by on their own had until May 18 to return the money without facing any sanctions. Those that returned the money announced it through regulatory filings, which are required within four business days of a major corporate event.
Some 76 public companies that took PPP loans and have not said they will return them had enough cash and cash equivalents to cover operating costs until at least June, according to a Reuters analysis, which was based on companies’ most recent earnings and companies tracked by FactSquared. Of those companies, 22 received loans of at least $2 million.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Small Businesses Owned By Women And Minorities Are Struggling To Get Coronavirus LoansThe Small Business Administration was supposed to give guidance to lenders to prioritize underserved small businesses, but the agency’s inspector general found it did not.
続きを読む »
Why This PPP Loan Data Might Actually Be Good News For Small BusinessThe Paycheck Protection Program or PPP is finally getting loans to the small businesses and self-employed individuals who need it the most. However, it is fintech firms who are now leading the charge in helping small business during the Covid-19 crisis.
続きを読む »
Questions Persist After Release of New Small-Business Loan RulesThe Trump administration has updated guidelines for forgiving federally backed loans to help small businesses survive the coronavirus outbreak—but they don’t address some stickier issues plaguing lenders and borrowers.
続きを読む »
U.S. adding 33 Chinese companies, institutions to economic blacklistThe U.S. Commerce Department said on Friday it was adding 33 Chinese companies and other institutions to an economic blacklist for human rights violations and to address U.S. national security concerns involving weapons of mass destruction and other military activities.
続きを読む »
31% Of Small Businesses Have Stopped Operating Amid Coronavirus: Sheryl Sandberg Shares How Facebook’s Latest Product Aims To HelpFacebook out with their new State of Small Business survey on how businesses are faring amidst the ongoing pandemic as well as how their new e-commerce product, Facebook Shops, can help.
続きを読む »
As small L.A. retailers await coronavirus reopening, the landscape is bleakThe easing of coronavirus lockdowns allows small businesses to reopen in phases. Two small retailers — Kitson and Little Trendz — find it difficult.
続きを読む »