Large companies returning their small business loans amid backlash - Business Insider

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Large companies returning their small business loans amid backlash - Business Insider
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11 major companies that have returned millions of dollars acquired through a government relief program meant for small businesses

publicly traded companies have two weeks to give back federal relief loansHere is a list of major companies, from Shake Shack to AutoNation, that have already confirmed they're returning the funds.The NBA's Los Angeles Lakers received a $4.6 million loan through the Paycheck Protection Program. While not a public company, the organization confirmed that it returned the funds on April 27.

Los Angeles Lakers forward LeBron James is swarmed by teammates after making several 3-point shots in a row during a game on Feb. 4, 2020.

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Public companies took far more small business loans than first thought — here's the latest tallyPublic companies took far more small business loans than first thought — here's the latest tallyData from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.
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