More than two years after the program kicked off, Marketplace checked in with a few PPP recipients to see how business has been going.
A recent working paper took a deep dive into where PPP funds ended up. Marketplace’s senior economics contributor Chris Farrell argues the results highlight a much bigger challenge for policymakers.
The federal government uses a 500-employee cutoff to define small businesses. Turns out that definition’s pretty contentious.
Bankers say the process is running a lot more smoothly this time, in part because they have a better sense of what to expect.
A Black-owned bank CEO in South Carolina says the new PPP applicants he’s seen are businesses owned by women and people of color.
Loan money can be used to cover more expenses this time around — not just payroll, but also to buy supplies.
This new round of PPP will only be available to companies with fewer than 300 employees.
Some previous applicants say they’re weighing past experiences, as they decide whether to apply again.
A South Carolina media producer is among the companies rethinking their business models to address needs created by the pandemic.
The headline items are $600 checks to individuals and an additional $300 per week in unemployment benefits for many.
