Here Are the Companies Getting Federal Covid Relief Funds
- Potbelly, Wendy’s restaurant chains got small-biz loans
- Airlines, health-care firms are getting largest sums by far
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Many publicly traded companies have started filing so-called 8-K statements with the Securities and Exchange Commission showing they’ve obtained funds through the Cares Act, the $2 trillion coronavirus relief package. The funds -- short-term loans, loan guarantees and grants -- are meant as a stopgap to help businesses get by until the economy reopens.
The sprawling law makes money available to millions of small businesses, health-care companies, airlines, defense contractors and more.