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

The largest public companies that tapped the government’s emergency relief fund for small businesses nearly all had ready access to other forms of capital, according to a CNBC analysis of filings. Even amid the upheaval caused by the coronavirus pandemic, these companies raised millions of dollars by selling stock or had idle credit lines they could’ve used, factors that likely should’ve prompted them to return loans they got from the federal Paycheck Protection Program. Full article.

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