La lakers stimulus money. The la lakers recently gave back 46m in forgivable loan money shake shack gave back 10m in forgivable loan money and ruths chris gave back 20m in forgivable loan money. The lakers applied for and received a loan of about 46 million under the stimulus package that congress passed in march but the team says it returned the money to the federal government. Los angeles the los angeles lakers have repaid a loan of roughly 46 million from coronavirus business relief funds after learning the program had been depleted.
The lakers applied for the loan under the small business administrations paycheck protection program a part of the federal governments 22 trillion stimulus package. On monday we learned that the los angeles lakers gave back the 46 million they got from the government due to a program that was supposed to help small businesses during a global pandemic. Los angeles ap the los angeles lakers have repaid a loan of roughly 46 million from coronavirus business relief funds after learning the program had been depleted.
News of the eye popping check comes amid mounting controversy over the taxpayer funded program pitched by federal lawmakers as intended to help small businesses struggling during the health emergency. Los angeles the los angeles lakers have repaid a loan of roughly 46 million from coronavirus business relief funds after learning the program had been depleted. The los angeles lakers one of the nbas richest franchises applied for and received 46 million in federal loan aid earmarked for small businesses affected by the coronavirus pandemic.
Los angeles ap the los angeles lakers have repaid a loan of roughly 46 million from coronavirus business relief funds after learning the program had been depleted. The lakers applied for the. The lakers applied for the loan.