Tampa Bay Times gets federal loan to help with revenue losses caused by pandemic

tampabay.com ^ | April 17 2020 | By Times Staff Writer

[rintintin]

The Tampa Bay Times and its related companies received a loan of $8.5 million under the federal government’s program to support businesses harmed by the coronavirus pandemic.

The loan is guaranteed by the Small Business Administration and comes under the $2.2 trillion Coronavirus Aid, Relief and Economic Security Act passed by Congress last month and signed by President Donald Trump.

The program is designed to help smaller businesses keep paying employees during the crisis, and loan amounts are based on a company’s payroll. For the first eight weeks after a loan is made, the government will forgive repayment of expenses for payroll, plus some rent, utilities and mortgage interest.

[Luke21]

Propping up the damned media?

[fuente]

Bailing out the media while thousands of small business go under and can’t get help....FAIL!

[fuente]

Bailing out the media while thousands of small business go under and can’t get help....FAIL!

[Kenny Bania]

the company.....furloughed dozens of employees, mostly in production, delivery and sales.

Right, laid of the "little guys" but kept the pinko "journalists."

[fhayek]

Money, apparently, is no object anymore. No object.

[fhayek]

And, for those who everyone who wants to know, THAT was irony.

[Dacula]

Tom Brady bailout.

[dsc]

Poopies on that. No American money to America’s enemies.

[shanover]

F-ing f-em!!! $8.5 Million can help 1000 more worthy businesses that will certainly die because of this. WHY bail out institutions that have the agenda to kill the country?!

[Bommer]

Trump got rolled so bad signing that bill. He should have siad, the bill is $1 trillion and thats it and I will lineitem the crap out of it! SCOTUS ruling be damned!

[Opinionated Blowhard]

Think of it as a subsidy to produce more critically-needed toilet paper.

[ptsal]

Someone has the head in the wrong place.
The newspaper does not qualify for assistance.

[Vlad The Inhaler]

So far left it doesn’t even make a decent toilet paper substitute!

[Vlad The Inhaler]

Tampa doesn’t really have it’s own newspaper anymore.

This is really the old St Petersburg Lefty Times posturing as a Tampa paper.

It’s so far left it doesn’t even make a decent toilet paper substitute!

[Road Warrior ‘04]

Maybe I can get my paper again. BTW, the Tampa Bay Times is terrible newspaper!

[Right Wing Assault]

If you don't have the staff that can make money putting out factual news in these wild and crazy times, you need to shut down.

[M Kehoe]

Owned by the Poynter Institute.

A non-profit that is a hive of scum and deceit.

Bunch of commies.

5.56mm

[Luke21]

Seems you are right.

[dfwgator]

Of course there are no strings attached, right? I mean that would be Fascism.