, lawyers and consultants — although the money was doled out in a bipartisan fashion, going to Democratic and Republican spin masters alike.
. What is hasn’t done is reach many of the very small businesses that needed help the most, or provided a clear way to survive the mess we’ve found ourselves in. Under the program, businesses with 500 or fewer employees could apply to banks and other lenders for loans in amounts tied to the size of their payrolls. If they use most of the money to pay workers, the principal will be forgiven; otherwise, they’ll have to pay the loans back at 1% interest.
opinion Why not! He's a friend of mine.
opinion If a loan doesn't have get repaid, its not a loan. It's a bailout to the wealthy. PPP loans must be repaid.
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