Brief: Ashford Group Of Companies Takes Action To Meet Changed Paycheck Protection Program Eligibility Guidelines

Ashford

03/05/2020 02:20

May 2 (Reuters) - Ashford Inc  AINC.A :
    * ASHFORD GROUP OF COMPANIES TAKES ACTION TO MEET CHANGED
PAYCHECK
PROTECTION PROGRAM ELIGIBILITY GUIDELINES
    * ASHFORD INC-CO, ASHFORD HOSPITALITY TRUST,  BRAEMAR HOTELS
&
RESORTS  WILL RETURN ALL FUNDS PROVIDED BY SBA'S PAYCHECK
PROTECTION PROGRAM
    * ASHFORD-TO RETURN FUNDS PROVIDED BY SBA DUE TO AGENCY'S
RECENTLY
CHANGED RULES, INCONSISTENT FEDERAL GUIDANCE THAT PUT COMPANIES
AT COMPLIANCE RISK

Source text for Eikon:  ID:nPn1cVH6Va 
Further company coverage:  AINC.A 

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