Jbt Stl: St. Louis public company gets $2.375M SBA loan

A St. Louis public company has entered into a loan agreement for $2.375 million through the Small Business Administration under the Coronavirus Aid, Relief and Economic Security Act. Allied Healthcare Products (Nasdaq: AHPI), based on The Hill, received the loan April 22 from Jefferson Bank and Trust Co. with administration by the SBA, according to a regulatory filing. The company said it will use the money for payroll costs and other permitted uses. The loan is expected to mature April 13, 2022...