Coal snags $31m in US stimulus loans for small business

Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble.

The US Small Business Administration has given more than $31-million in loans from the Paycheck Protection Program to publicly-traded coal mining companies, according to Securities and Exchange Commission filings.