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Congress to keep PPP loans for big hotels, restaurants

Congress to keep PPP loans for big hotels, restaurants

Congress is expected to pass a bill Thursday that would plow another $310 billion into the Paycheck Protection Program fund after the program burned through an initial $350 billion in less than two weeks. But the new legislation does not change a controversial part of the program that has allowed a number of larger hotel and restaurant companies to claim multiple loans through the various subsidiaries and sidestep what some lawmakers say was supposed to be a $10 million-per-company cap.

#OSNow PODCAST: DeSantis praises Orange County for coronavirus response, 25% of all unemployment claims in Florida file by tourism workers, and Universal sees temperature checks, virtual queuing for reopening (Ep. 407)

#OSNow PODCAST: DeSantis praises Orange County for coronavirus response, 25% of all unemployment claims in Florida file by tourism workers, and Universal sees temperature checks, virtual queuing for reopening (Ep. 407)

Daily Orlando Sentinel Now podcast: Gov. DeSantis praises Orange County for coronavirus response, 25% of all unemployment claims in Florida file by tourism workers, and Universal sees temperature checks, virtual queuing for reopening.