The Los Angeles Lakers have repaid a loan of roughly $4.6 million from coronavirus business relief funds after learning the program had been depleted.
FILE - In this March 3, 2017, file photo, Los Angeles Lakers president Jeanie Buss sits in the stands prior to an NBA basketball game between the Lakers and the Boston Celtics in Los Angeles. The Lakers have repaid a loan of roughly $4.6 million from coronavirus business relief funds after learning the program had been depleted.
The Lakers applied for the loan under the Small Business Administration’s Paycheck Protection Program, a part of the federal government's $2.2 trillion stimulus package. The Lakers' request was granted in the first round of distribution, but after the fund ran out of money in less than two weeks, the team returned its loan, as did several wealthier business including Shake Shack and AutoNation.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Brazil's Embraer says Boeing 'wrongfully terminated' deal for $4 billion tie-upBrazilian aircraft manufacturer Embraer says that Boeing “wrongfully terminated” a deal for a $4.2 billion tie-up.
Leer más »
Post Malone's Concert Raises Over $4 Million for COVID-19 ReliefPost Malone and Travis Barker paid homage to Nirvana while raising money for coronavirus relief efforts. 🎸
Leer más »
Two Men Allegedly Tried To Charge $4 Million For Face Masks And Respirators They Didn't HaveThe men even went so far as to seal and shrink-wrap empty boxes, slapping fake 3M labels on some, federal officials said.
Leer más »
Los Angeles Lakers Received and Returned Their Coronavirus LoanThe Los Angeles Lakers received and then returned a loan from the federal government’s Paycheck Protection Program for small businesses, the team said.
Leer más »
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.
Leer más »