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Stock impact report

Big universities, others to return $350M of PPP loans: coronavirus briefing [Seeking Alpha]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Seeking Alpha
|HealthcareBig universities, others to return $350M of PPP loans: coronavirus briefingApr. 23, 2020 6:53 PM ETJohnson & Johnson (JNJ)Liz KiescheHarvard University, Stanford University, and Princeton University are sending back loans they obtained through the Payroll Protection Program meant for small businesses, President Trump said at the White House coronavirus task force briefing.A number of companies are also sending back their loans, and "in some cases, I have put a stop on payment," he said. That adds up to $350M of loans that are being returned to the SBA to be redeployed to small businesses, he said.In 23 states, the number of new cases of COVID-19 have declined, he said. "It does not mean we are letting down our guard," Trump said.The White House is encouraging states to restart elective surgeries and procedures "either on a state-wide or a county-by-county basis," Pence said.After studying the biology of COVID-19, Bill Bryan, who heads the science directorate at the Departm Show less Read more
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