Nearly 400 publicly traded companies received almost $1.3 billion in loans intended to help small businesses survive, according to an independent analysis of financial record filings.
Coronavirus has almost completely knocked out this Michigan entrepreneur’s business. A second round of the government’s Paycheck Protection Program could finally offer some relief.
The Paycheck Protection Program promises a business owner loan forgiveness if they retain or rehire all the workers they had in late February. But owners say the equation isn't so simple, in part because of current economic conditions and partly due to the terms of the loans.
