Monty Bennett and executives from Braemar Hotels and Resorts ring the closing bell at the NYSE on April 25th, 2018.
Source: NYSE
Even as the U.S. small business relief program is set to reopen Monday with fresh funding, the full extent that public companies tapped the emergency facility is only now becoming clear.
More than 200 public companies applied for at least $854.7 million from the government program that was billed as for small businesses without access to other sources of capital, according to Washington D.C.-based data analytics firm FactSquared.
That includes $126.4 million for three public companies affiliated with Texas hotelier Monty Bennett. One of those firms, Ashford…
Source cnbc.com