The Los Angeles Lakers received and then returned a loan from the federal government’s Paycheck Protection Program for small businesses
, the team said, as one of the league’s richest teams joined dozens of prominent American companies in returning stimulus money for coronavirus relief.
With hundreds of employees other than LeBron James and Anthony Davis, the Lakers applied for a loan from the Small Business Administration’s program. But the franchise, valued at more than $4 billion, says it returned the money amid the public...
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The Los Angeles Lakers received $4.6 million from federal loan program — but returned itThe Lakers, one of the most profitable franchises in the league, secured aid through the government's Paycheck Protection Program.
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Los Angeles Lakers got $4.6 million in coronavirus federal loan money for small business, but repaid itThe Lakers have returned that money after learning that the pool of federal loan assistance from the Small Business Administration's Paycheck Protection Program had been drained of cash because of the huge demand for it, according to the franchise.
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The Los Angeles Lakers received $4.6 million from federal loan program — but returned itThe Lakers, one of the most profitable franchises in the league, secured aid through the government's Paycheck Protection Program.
Baca lebih lajut »