The Los Angeles Lakers said they have returned a loan of $4.6 million from the Small Business Administration under the federal Paycheck Protection Program, which is intended to help smaller firms avoid layoffs. “The Lakers qualified for and received a loan under the Payroll Protection Program,” the Lakers said in a statement to ESPN. “Once we found out the funds from the program had been depleted, we repaid the loan so that financial support would be directed to those most […]

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