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Public companies received $1 billion in stimulus funds meant for small businesses

Nearly 300 public companies have reported receiving money from the fund. Recipients include 43 companies with more than 500 workers, the maximum typically allowed by the program.

Treasury Secretary Steven Mnuchin has defended the Paycheck Protection Program as a success.
Treasury Secretary Steven Mnuchin has defended the Paycheck Protection Program as a success.Read moreAlex Brandon / AP
    by Jonathan O'Connell, Steven Rich and Peter Whoriskey, Washington Post
    Published