Some lucky landlords have secured bailout funds through the federal government’s Paycheck Protection Program — all thanks to a legal loophole. The program, created through the CARES Act and administered by the Small Business Administration, specifically excluded businesses that primarily develop or lease real estate from the program. However, dozens of real estate companies have received tens of millions of dollars in PPP funds by applying through related business arms, including property management or construction,
source https://therealdeal.com/2020/05/26/loophole-allowed-big-name-landlords-to-get-bailout-funds/
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