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Ben Popken

@bpopken ↗

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Last Checked July 24, 2020

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Wed Apr 29 10:07:57 +0000 2020

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Ben Popken @bpopken

(Which are the broad definitions of the CARES Act written by legislators) — PolitiTweet.org

Posted April 29, 2020

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Ben Popken @bpopken

Castlight said it "believed it was qualified...given that it has less than 500 employees...has been affected by the economic uncertainty brought about by the COVID pandemic, and intended to use the funds from the PPP Note to help maintain its payroll..." — PolitiTweet.org

Posted April 29, 2020

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Ben Popken @bpopken

But then "On April 23, 2020, the SBA issued new guidance that cast doubt on the ability of public companies to qualify for a Paycheck Protection Program loan. As a result, out of an abundance of caution," Castlight decided to repay the loan to its lender, Silicon Valley Bank. — PolitiTweet.org

Posted April 29, 2020