Who Got Rescued?

Por: The New York Times World December 03, 2020


ImageThe lucky fewMore than 5.2 million companies received loans from the Paycheck Protection Program, the $523 billion centerpiece of the government’s pandemic aid for businesses. But the first full accounting of the data from the Small Business Administration shows what most suspected: More than a quarter of the money went to just 1 percent of borrowers, .A tiny fraction of high-value loans made up a substantial portion of total P.P.P. money... + full article

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