·April 20, 2020, 3:30 AM UTCMore than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc., Potbelly Corp. and a Tex-Mex restaurant chain with more than 10,000 employees, received loans through a massive relief program aimed at small businesses.With a $349 billion lending package for small business owners now , a review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts, while much smaller businesses like neighborhood eateries and hair...…·April 20, 2020, 3:30 AM UTCMore than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc., Potbelly Corp. and a Tex-Mex restaurant chain with more than 10,000 employees, received loans through a massive relief program aimed at small businesses.With a $349 billion lending package for small business owners now , a review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts, while much smaller businesses like neighborhood eateries and hair...WW…

The federal government should weigh forgiving all “small” loans provided under the Paycheck Protection program during the coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin said.“We should consider forgiving all small loans, but would need fraud protection,” Mnuchin told the House Small Business Committee on Friday.The government has approved more than 4.9 million PPP loans totaling $518.1 billion, as of Thursday night. Mnuchin didn’t specify what he considers a “small” loan that could be forgiven, and said that “some level of reporting in a simple way is important.”Suggesting...…The federal government should weigh forgiving all “small” loans provided under the Paycheck Protection program during the coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin said.“We should consider forgiving all small loans, but would need fraud protection,” Mnuchin told the House Small Business Committee on Friday.The government has approved more than 4.9 million PPP loans totaling $518.1 billion, as of Thursday night. Mnuchin didn’t specify what he considers a “small” loan that could be forgiven, and said that “some level of reporting in a simple way is important.”Suggesting...WW…