Stories tagged: "Paycheck Protection Program"


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Trump Administration Continues to Dodge Oversight Efforts on Paycheck Protection Program

Questions of transparency have dogged the Paycheck Protection Program, which benefited big corporations and political donors, despite being meant for small businesses owners, many of whom have failed to receive loans.

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.

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GOP Voters Say Lawmakers Shouldn’t Fight Over Abortion Rights During Coronavirus Pandemic

The Trump administration is ignoring the will of voters and telling Planned Parenthood affiliates to return loans obtained under the Paycheck Protection Program.

AP Photo/Matt Rourke
Big Companies — Not Small Businesses — Made Bank Off of Trump’s Paycheck Protection Program

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.

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.

AP Photo/Charles Krupa
Small Businesses Warn Loan Program Is Not Enough to Help Them Rehire Employees

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.