Sports Illustrated publisher Maven will keep $5.7M PPP loan despite outcry against public companies
GeekWire
MAY 19, 2020
Small Business Administration’s Paycheck Protection Program (PPP). Maven disclosed the loan Monday in an SEC filing , saying it will use the funds primarily for payroll costs, as required by SBA guidelines. Layoffs at the venerable sports magazine in early October drew criticism from employees and unions. million PPP loan.
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