Treasury Department unveils relief loans

Who's who of business loans, and who really needs help

The treasury department is naming names ?

"* when it comes to what companies received financial help during the coronavirus pandemic.

The list includes about 15 percent of businesses who got loans of 150 thousand dollars or more.

Several private equity firms were given cash by the feds, along with payday loan companies and several businesses with ties to governors in a handful of states.

Economics instructor rayce hardy says he's seen the numbers from the treasury and is surprised only 8 percent of the stimulus went to restaurants and hotels, who really needed the those were hit so hard and especially early on and that's why i was so surprised to see that it was less than ten percent that those loans went.

Hardy also went on to say ?

"* the small business administration should have done a better job targeting woman and minority owned businesses who were especially impacted by the shutdowns.