Brief: IRRAS Receives Forgiveness For Loan From U.S. Stimulus Package
May 26 (Reuters) - Irras AB IRRAS.ST :
* SAID ON TUESDAY ITS UNSECURED PROMISSORY NOTE UNDER
PAYCHECK
PROTECTION PROGRAM FOR PRINCIPAL AMOUNT OF $832,055 HAS BEEN
FORGIVEN AND WILL BE REPORTED AS REVENUE IN MAY
* IS CONSIDERED TO HAVE LIVED UP TO REQUIREMENTS FOR
FORGIVENESS
BASED ON USE OF THE LOAN ACCORDING TO TERMS OF PPP
Source text for Eikon: urn:newsml:reuters.com:*:nWkrK7cPT
Further company coverage: IRRAS.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Irras AB
See all newsBrief: Irras's Says Application For Delisting Has Been Approved
Brief: IR Holding Bidco Says It Requests Compulsory Buy-Out And IRRAS Applies For Delisting
Brief: Irras Extends Maturity Date Of SEK 20 Mln Loan
Brief: Irras Secures Extended Short-Term Loan Agreement
Brief: Irras Sees Risk Of Becoming Insolvent