$130 Billion in Small-Business Aid Still Hasn’t Been Used
New York Times, June 10, 2020–Stacy Cowley
As of Tuesday, more than $130 billion was left in the fund, known as the Paycheck Protection Program. Even more striking was the fact that on many days last month, more money was being returned than borrowed, according to data from the Small Business Administration, which is overseeing the program — highlighting its messy execution and confusing rules that deterred some small businesses from using the money.
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