Tens of thousands of Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) drivers combined to receive at least $80 million in government assistance during the coronavirus pandemic — making them among the largest groups to benefit from the Economic Injury Disaster Loans program of the US Small Business Administration, The Washington Post reported. The more than 4,000 Uber and Lyft drivers who received the EIDL loans each collected an average of about $15,000, according to the newspaper’s analysis.
Gig drivers land at least $80 million in government assistance amid Covid (The Washington Post)
Categories