US lawmakers blast five large corporations for taking $50 million meant for small businesses. Only one is returning the money. House lawmakers on Friday demanded five large, publicly traded companies return the $10 million loans they received that were meant for small businesses. Only one company, MiMedx, said it would return the $10 million Paycheck Protection Program loans. Just 48 public companies of the 387 that received PPP loans have returned the money. Visit Business Insider's homepage for more stories. US representatives blasted five publicly traded companies for taking Paycheck Protection Program loans means for small businesses, leading at least one to return the money. The House subcommittee on the coronavirus crisis sent letters ] to MiMedx, Quantum, EVO Transportation Energy Services, Gulf Island Fabrication, Universal Stainless, and Alloy Products on Friday demanding they return loans received from the treasury. MiMedx said late Friday it was repaying its $10 million loan. "Since your company is a public entity with a substantial investor base and access to capital markets, we ask that you return these funds immediately," the letters, the committee's first official action, said. "Returning these funds would allow truly small businesses — which do not have access to alternative sources of capital — to obtain the emergency loans they need to avoid layoffs, stay in business, and weather the economic disruption caused by the coronavirus crisis." The $669 billion PPP launched in early April, and applicants quickly reported errors with online systems.