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#24
04-28-2020, 09:55 PM
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PPP Loan for Lakers
NPR on the Small Business Loan Program:
The Lakers basketball team received a $4.6 million loan but decided to give it back, according to a statement from the team. "Once we found out the funds from the program had been depleted, we repaid the loan so that financial support would be directed to those most in need. The Lakers remain completely committed to supporting both our employees and our community," a statement said. The Lakers are the eighth most valuable sports team in the world, worth an estimated $3.7 billion, according to Forbes. SMH. 4.6 mill is pocket change for these guys.
__________________
Frank Evanov 
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