---
id: b31b496738
section: business
first_reported: 2026-11-04 13:06 EST
updated: 2026-11-06 07:47 EST
status: reported
outlets: 3
---

# Strand Bookstore to repay nearly $1.5 million in pandemic loan

The Strand bookstore agreed to repay nearly $1.5 million of a pandemic-relief loan it was not entitled to, according to The New York Times.

Section: [Business & Economy](/new-york/section/business.md) · Entities: [Strand Bookstore](/new-york/wiki/strand-bookstore.md)

## Coverage

- [Gothamist / WNYC](https://gothamist.com/news/strand-bookstore-admits-it-took-a-pandemic-loan-despite-being-ineligible), 2026-11-04 13:06 EST: Strand Bookstore admits it took a pandemic loan despite being ineligible
- [NBC New York](https://www.nbcnewyork.com/new-york-city/nyc-strand-bookstore-repay-improper-federal-loan/6568263/), 2026-11-04 23:06 EST: NYC's Strand Bookstore to repay nearly $1.5M after improperly receiving federal loan
- [The New York Times – N.Y./Region](https://www.nytimes.com/2026/11/05/nyregion/strand-bookstore-pay-pandemic-loan-nyc.html), 2026-11-06 07:47 EST: Strand Bookstore to Pay U.S. $1.5 Million Over Pandemic-Relief Loan

Headline and summary written by the Acta Diurna desk from the coverage above. Read the original reporting for full detail.