UPDATE 1-U.S. Treasury says will be hard for public companies to qualify for coronavirus relief loans [Reuters (UK)]
Potbelly Corporation (PBPB)
Last potbelly corporation earnings: 2/25 04:05 pm
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Source: Reuters
U.S. Treasury says will be hard for public companies to qualify for coronavirus relief loans - Reuters 3 Min Read WASHINGTON (Reuters) - A highly valued public company will have a hard time getting a coronavirus relief loan, the U.S. Treasury said on Thursday, just as Congress was poised to approve a new round of funding for the loans known as the Paycheck Protection Program. “It is unlikely that a public company with substantial market value and access to capital markets will be able to make the required certification in good faith,” the Treasury said in an updated list of Frequently Asked Questions on the program. Public outcry has erupted over major chain restaurants being able to take out the forgivable loans in the first round of lending this month. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received the rescue money intended for small businesses could be investigated. He told Fox Business Network it was “questionable” whether larger firms had quali
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PBPB
Earnings
- 11/7/24 - Beat
PBPB
Sec Filings
- 12/20/24 - Form 4
- 12/3/24 - Form 4
- 11/29/24 - Form SC
- PBPB's page on the SEC website