Yahoo

Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says

The Paycheck Protection Program did little to actually replace workers' wages, according to a new study. Of the $510 billion in 2020 loans, only $115 billion to $175 billion was used to replace wages, ...
journalgazette

Amount lent in federal payroll program shrinks

The amount of money being lent to coronavirus-damaged small businesses through the federal Payroll Protection Program has declined, in part because publicly traded companies have returned a reported ...
Investopedia

Paycheck Protection Program (PPP) Loan Forgiveness: Eligibility, Requirements & Application Process

Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...
Fast Company

payroll protection program

The rest of the loan money landed in the pockets of the company's owners and shareholders, according to a new report. Why the rollout of the $2 trillion CARES Act was a colossal mess Desperate ...
New York Magazine

Don’t Mock the Payroll Protection Program

For the many Democrats thirsting for a punchier, feistier Biden White House, a recent Twitter thread bashing the alleged hypocrisy of Republicans in Congress was a revelation. After Marjorie Taylor ...
Business Insider

Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says

The US's $800 billion lifeline for pandemic-hammered businesses gave most of its cash to owners, not the workers it sought to rescue, according to a new study. The Paycheck Protection Program marked ...