Tag: COVID Loan
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COVID Loan Controversy: Congressional Report Exposes Questionable $700 Million Loan to Failing Trucking Company
According to the report, only companies involved in vital defense contracts or possessing high-level security clearance should have been eligible for such loans. A recent congressional report has shed light on a dubious $700 million COVID loan granted by the Treasury Department to a struggling trucking company using funds allocated by the bipartisan CARES Act…