BizSugar.com › News › SBA Says It Will Review PPP Applications During Second Round

“The intent of this money was not for big public companies that have access to capital,” Treasury Secretary Steven Mnuchin. This statement comes after millions of dollars were given to large companies from the Paycheck Protection Program (PPP).
Everyone from Harvard University to Nathan’s Famous, Potbelly, Ruth’s Hospitability Group, Shake Shack, Kura Sushi, and even the Los Angeles Lakers received millions of dollars. While the Lakers, Shake Shack, and Ruth’s have returned the money, others are still mulling that decision over.