Stories tagged: "PPP"


Signs of a closed store due to COVID-19 in Niles, Ill.
Anti-Abortion Groups and Chinese Companies Took Millions in Loans While Small U.S. Businesses Struggle

Small businesses across the U.S. continue to close while reports emerge that China-linked companies and anti-abortion groups have received millions of dollars in loans.

AP Photo/Damian Dovarganes, File
Trump Administration Said PPP Saved 51 Million Jobs. But the Data Isn’t So Clear.

Data discrepancies cast significant doubt over the Trump administration’s claim that the Paycheck Protection Program saved 51 million jobs.

Image of Justice via public domain. Images of Chao and Kushner via Shutterstock
Billionaires, Trump Officials Receive PPP Loans While Many Small Businesses Are Left Out

PPP beneficiaries included billionaires, Trump administration officials, members of Congress, political donors, and wealthy financial institutions.

Image via House Television/AP
Millionaire Rep. Roger Williams Was One of at Least 4 Members of Congress to Benefit From PPP

While lawmakers are legally allowed to apply for and receive loans, the report has raised questions about possible conflicts of interest and a lack of transparency.

Black PPP
‘We Didn’t Receive Anything’: How Michigan’s Black Businesses Got Left Out of PPP

Nya Marshall of Detroit's IVY Kitchen + Cocktails and other Michigan Black business owners are working to stay afloat when federal funding passes them by.

Photo via Dennis Williams
Want to Know How Bad Michiganders Are Hurting Without Federal Help? Just Read Dennis Williams’ Story.

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.