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Strand bookstore in New York targeted with fines for COVID relief loan

Strand bookstore in New York targeted with fines for COVID relief loan
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

New York City's iconic Strand bookstore has agreed to pay $1.48 million to settle claims that it received COVID relief funds it wasn't eligible for. According to the Department of Justice, the bookstore received a second Paycheck Protection Program (PPP) loan for $932,350 in 2021. The controlling...

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