Nearly 51,000 Utah businesses shared more than $5 billion in paycheck loans

in finance

Washington • From the Blue Boutique to the Girl Scouts of Utah. From the Park City bar at the center of the first coronavirus outbreak in the state to the company that sold Utah — then refunded — $800,000 in controversial malaria medicine that President Donald Trump promoted as a wonder drug against the disease.

From small-town coal haulers to major ski resorts to law firms and businesses of the well-connected.

More than 50,000 Utah businesses, nonprofits and social groups shared in more than $5 billion in federal aid during the pandemic, according to new data released by the Treasury Department on Monday. The money helped keep nearly 800,000 Utahns employed, Treasury said.

Continue Reading on The Salt Lake Tribune

Latest from finance

Go to Top