![]() Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.Ī preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.Ī report on the program analyzed by the Peter G. The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. ![]() ![]() Here are the top 50 largest PPP loans provided in January to small businesses in ZIP Code 61554, according to the US Small Business Administration.
0 Comments
Leave a Reply. |