Those that have received Paycheck Protection relief designed for small business include publicly traded firms with thousands of employees.
. Fiesta, which employs more than 10,000 people , received a PPP loan of $10 million, per Morgan Stanley research.and received a combined $300 million in low-interest, taxpayer-backed loans, according to a separate report published by the Associated Press.
Statistics released by the Small Business Administration last week showed that 4,400 of the approved loans exceeded $5 million. The size of the typical loan nationally was $206,000, according to the SBA report released April 16.
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