Hedge funds want small businesses’ coronavirus relief funds

The coronavirus pandemic is having a catastrophic financial impact on all types of businesses, especially mom-and-pop shops. To help ease some of the burden, the U.S. government announced a stimuluspackage (Paycheck Protection Program or PPP), setting aside $350 billion for small businesses. One would expect small businesses such as hair salons, restaurants, and dry cleaners, to apply for the relief funds, but reports are that multi-million dollar hedge funds want a slice of the funds as well.Q1 2020 hedge fund letters, conferences and moreHedge funds applying for relief fundsA report from Blo…

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