New York’s Strand Bookstore to repay nearly $1.5M after improperly receiving federal loan

As reported by WTOP · Updated 5 Nov, 18:29 · Archive

NEW YORK (AP) — New York’s beloved Strand Bookstore will pay back nearly $1.5 million after improperly applying for and receiving a pandemic-era small business loan even though it wasn’t eligible, the U.S. Department of Justice has announced. According to the DOJ, the Strand was ineligible because the owner, Nancy Bass Wyden, is the wife...

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• New York’s Strand Bookstore to repay nearly $1.5M after improperly receiving federal loanNEW YORK (AP) — New York’s beloved Strand Bookstore will pay back nearly $1.5 million after improperly applying for and receiving a pandemic-era small business loan even though it wasn’t eligible, the U.S. Department of Justice has announced. According to the DOJ, the Strand was ineligible because the owner, Nancy Bass Wyden, is the wife...WTOP · 5 Nov, 18:29