Consumer group launches website to track all the public companies that got PPP small business loans [Yahoo! Finance News]
Fiesta Restaurant Group, Inc. (FRGI)
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Source: Yahoo! Finance News
The U.S. government’s Paycheck Protection Program PPP) for small business coronavirus relief loans reopened on Monday for round two with a fresh $310 billion in the chamber, after the first roundran through $349 billion in 13 daysThe second round of PPP expresslyseeks to preventBut the public backlash has grown louder, not quieter. Shack Shack SHAKKRUSannounced they would return their PPP loansRUTHPBPBBased on reported estimates, between $770 million and $870 million of the first round funds went to publicly traded companies. The SBA said on Monday that about $2 billion is back in the PPP pot from returned loans so far.LOUISVILLE - OCTOBER 03: Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky. Photo By Raymond Boyd/Getty Images)Now Allied Progress, a left-leaning nonprofit consumer advocacy group that tracks predatory financial institutions, haslaunched a siteLarge companies that got PPP small business loans include restaurant chains like Fiesta Restaurant Group parent
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