The first round of the Paycheck Protection Program improved firm survival, but speed may have resulted in suboptimal targeting of needy businesses, from @AlexBartik , @zoebcullen , Edward L. Glaeser, @mike_luca , Christopher T. Stanton, and Adi Sunderam
Evidence that information frictions and the design of the Paycheck Protection Program skewed resources towards larger firms and may have permanently reduced its effectiveness, from @ChrisANeilson , @john_eric , and @GUlyssea
Paycheck Protection Program loan application deadline for small businesses is today
The application for the Paycheck Protection Program is today -- Dems and Republicans agree on modifying it to help small businesses -- but the bipartisan efforts have been hampered by the gridlock over a broader coronavirus aid deal.
If you are a #smallbusiness owner who received a federal Paycheck Protection Program loan, @SBAgov has a new FAQ page to help borrowers understand what they need to do to ensure the loans are forgiven. #COVID19
Paycheck Protection Program ends Saturday, businesses struggling during COVID-19 pandemic hope for 2nd chance
RT to tell Chuck Schumer and Nancy Pelosi to STOP blocking critical funding for small businesses. The Paycheck Protection Program is about to run out of money—millions of jobs are hanging in the balance. Congress MUST ACT!
I just signed the Paycheck Protection Program Flexibility Act to further improve our VERY POPULAR AND SUCCESSFUL program to help small businesses. THANK YOU to our GREAT REPUBLICAN SENATORS! @senatemajldr @marcorubio @SenatorCollins @SteveDaines @SenThomTillis @SenCoryGardner
Here are the facts: ⇨ The Paycheck Protection Program is the only fund that is out of money. ⇨ Chuck Schumer and Nancy Pelosi are the ones holding it up. ⇨ Small businesses and their employees will suffer because of it.
The Trump administration is withholding data on who got forgivable loans from the Paycheck Protection Program and for how much. The loans were meant for small businesses—not large, wealthy corporations. Those who abused the program must be held accountable. We need that data.
The Paycheck Protection Program is up and running! The program is open to nonprofits as well, so banks be sure to sign up our Great Religious and Veteran Organizations that need help!