Wednesday, 21 October 2020

Hotelier Sam Chang’s businesses snagged millions in PPP loans

Properties tied to New York hotel mogul Sam Chang secured millions of dollars in government aid that was intended to help small businesses impacted by the coronavirus. At least eight companies controlled by Chang nabbed between $2.8 million and $7 million in small business loans, CNBC reported. Chang founded the McSam Hotel Group, which made its name developing budget hotels along Manhattan’s West Side. Last year, Chang — who has claimed previously that he’s worth



source https://therealdeal.com/2020/10/21/hotelier-sam-changs-businesses-snagged-millions-in-ppp-loans/

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