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Report: Publicly traded firms received $300M in small-business loans

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The Associated Press conducted an investigation into the Paycheck Protection Program, finding at least $300 million was issued to publicly traded companies.

The AP combed through available regulatory filings, though the report indicates not all recipients have been put into public accounting yet.

The report indicates 25% of the companies warned investors months before the COVID-19 crisis that their ability to remain viable was in question.

Read more from The Associated Press.

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