https://www.siliconvalley.com/2020/04/28/san-jose-tech-firm-whose-execs-get-millions-accepts-10-million-small-business-coronavirus-loan/

A San Jose technology company whose CEO received $2.3 million in compensation last year is accepting a $10 million federal small-business coronavirus loan, saying it would keep the firm from cutting jobs.

The Small Business Administration’s Paycheck Protection Program has seen a litany of controversies, with huge restaurant chains and other companies including the Los Angeles Lakers basketball team receiving approvals for large loans and in several cases agreeing to give them up after public outrage. The first round of funding for the program, $349 billion, ran out in less than two weeks. Congress has allocated $310 billion for a second round, and applications are under way. Loans become grants if companies keep employees on the payroll.