LogFAQs > #975180734

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Topic	US trucking firm Yellow to declare bankruptcy, hasn't repaid $729M covid loans
Webmaster4531 07/31/23 9:39:44 PM #23:	Kradek posted... I thought all the PPP loans were forgiven? It's not a PPP loan which is supposed to be for small businesses. Part of that debt is a $700 million pandemic relief loan provided in 2020 by the Donald Trump-led U.S. government in exchange for a 30% stake in the Nashville, Tennessee-based company. --- Ad Hominem. <cite>Webmaster4531 posted [p:975180734] in US truckin... [t:80524618]...</cite> <quote>Kradek posted...</cite><quote>I thought all the PPP loans were forgiven?</quote>It's not a PPP loan which is supposed to be for small businesses. Part of that debt is a $700 million pandemic relief loan provided in 2020 by the Donald Trump-led U.S. government in exchange for a 30% stake in the Nashville, Tennessee-based company. --- Ad Hominem.</quote> ... Copied to Clipboard!
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