This week’s summer gaming events: Ubisoft Forward and Limited Run Games’ #LRG3

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Audio congregation Sennheiser time-honored betwixt $2 mimic and $5 mimic as partition of the Paycheck Safeguard Program (PPP), co-ordinate to newly reported US Department of Treasury data. It's one of many privately held tech companies to receive support through the program, which offers sweetie businesses forgivable loans that can be spent on payroll, rent, or utility costs.

Treasury data indicates that the loan is plotted to info Sennheiser retain 128 jobs during the coronavirus pandemic. (The German congregation employed a totalistic of 2,800 execs in 2019, approximately 10 percent of whom were based in the Americas.) While we don't know the precise dollar number, it's among among one of the PPP's larger payments -- unshared loans top out at $10 million, and the in-between loan size is listed as approximately $100,000.

It's not the only audio congregation getting money. New York-based Grado Laboratories time-honored betwixt $150,000 and $350,000 to retain 22 jobs.

The PPP was passed in April and recently extended in placement to distribute $130 billion that remained in the fund. The law's restrictions have also been loosened to allow businesses other flexibility effectually spending the money and rehiring grander employees.