The Business Journals

More PPP loans went to poorest Central Ohio areas in 2021, but businesses in wealthiest ZIP codes got bigger loans

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. PPP was supposed to be more equitable this time around. It ...
Fast Company

Less than 35% of the $800 billion in PPP loans actually went to workers, say economists

The bulk of the loan money handed out through the government’s $800 billion Paycheck Protection Program (PPP) didn’t go to workers—it helped business owners and shareholders. That’s the finding of a ...
The Business Journals

These WNY ZIP codes were approved for the most 2021 PPP loans

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. These 11 zip codes were approved for nearly 6,100 PPP loans ...
The Baltimore Sun

Mistakenly overpaid in PPP loans during the pandemic? Look out, small businesses, the government will be coming for its money. | COMMENTARY

The Paycheck Protection Program (PPP) ended on May 31st, but borrowers should not be too quick to put the program in the rear view mirror. Despite its popularity, the program may soon come back to ...
Inc

SBA to Drop Its Review of PPP Loans of $2 Million and Above

Applying for Paycheck Protection Program loan forgiveness is about to get easier for bigger borrowers. After months of requiring financial documentation proving need from borrowers with PPP loans of ...
Business Insider

Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.

The Paycheck Protection Program was a lifeline for businesses during the pandemic. But it seems not every small business could easily turn to a bank to get the funds they needed. A working paper finds ...
Fox Business

SBA doled out $684M in PPP loans to ‘potentially ineligible’ nonprofits

A government watchdog said the Small Business Administration (SBA) handed out $684 million worth of Paycheck Protection Program (PPP) loans during the COVID-19 pandemic to scores of nonprofit ...