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IN BRIEF: Bonhill US unit gets loans under Paycheck Protection Program

29th Mar 2021 20:18

Bonhill Group PLC - B2B media business - Says its US subsidiary, Bonhill Group Inc has received loans totalling USD1.3 million under the US Small Business Administration's second Paycheck Protection Program, which is part of the Coronavirus Aid Relief and Economic Security Act. Adds that the PPP2 loan may be forgivable if the proceeds of the loan are used for eligible purposes, including employee retention and payroll.

Current stock price: 14.79 pence

Year-to-date change: up 32%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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