Why would the Government give the Lakers a loan intended for Small businesses and the reason they returned it

By: Jarrod Horton

Staff Writer

The Los Angeles Lakers are one most valuable sports franchises in the world. According to Forbes, they are worth an estimated $4 billion dollars. That didn’t stop them from applying for a loan from the government. The Lakers received a $4.6 million dollar loan from a government agency called the Payroll Protection Program.

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