Broadway Journal

‘HAMILTON’-ENDOWED PUBLIC THEATER DELAYS FURLOUGHS WITH $4 MILLION OF U.S. AID

May 21, 2020 by Philip Boroff

EXCLUSIVE: The Public Theater, which has earned tens of millions of dollars launching Hamilton, received federal assistance meant to preserve jobs threatened by the pandemic.

The Public borrowed roughly $4 million through the Paycheck Protection Program, according to Shareeza Bhola,  a spokeswoman for the nonprofit. The loans, which are overseen by the Treasury Department and Small Business Administration, may be forgiven when borrowers spend at least 75 percent of the money on payroll over eight weeks.Continue Reading

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