Strand Bookstore to Repay $1.5M for Improper COVID Loan

• The Strand Bookstore will repay nearly $1.5 million after improperly receiving a pandemic-era small business loan.
• The bookstore's owner, Nancy Bass Wyden, is married to US Senator Ron Wyden.
• The loan was off-limits because of her marital connection to a senator.
• The U.S. Department of Justice announced the repayment requirement.
• The repayment is part of a settlement with the Department of Justice.