Governors' companies receive coronavirus relief loans
Last updated 7/13/2020 at 4:13am
Julie Carr Smyth
The Associated Press
Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan program created to help small businesses weather COVID-19’s effect on the economy, data released Monday, July 6, showed.
The governors of at least seven states have ties to companies that received loans through the Small Business Administration’s Paycheck Protection Program. Both Republicans and Democrats, their associated companies’ loans ranged from $150,000 to more than $11 million. It is legal for businesses...