Treasury Secretary Steven Mnuchin's threats may have worked, at least in part.
The Associated Press reports 42 public companies as of Wednesday have agreed to return the $337 million they received as part of the federal government's small business loan strategy known as the Payroll Protection Program. The PPP was set up to help small businesses pay their employees, but larger companies like Shake Shack and the Los Angeles Lakers drew criticism when they were also revealed as recipients (both have returned the money).
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