A clearer picture on who got PPP loans
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Who got Paycheck Protection loans? New research suggests those who got the most may have needed it the least. Plus, a cautious mood among stock investors with COVID-19 spikes. And, the child care industry's dire need for financial help.
Segments From this episode
Which businesses got PPP loans? Probably those that needed them the least, researchers say.
Because loan amounts were based on how much companies pay their employees, lower-income workers got less money.
Child care, an industry struggling even before COVID-19, now in dire need
About 350,000 child care workers are currently out of a job.
David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer