Was the Paycheck Protection Program abused by American businesses?

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Written By Jennifer Joslyn

💸 Was the Paycheck Protection Program abused by American businesses?

James Pierson and Adam Andrzejewski penned an opinion piece for Newsweek on the matter, highlighting the pitfalls of the $787 billion appropriated to businesses under the Paycheck Protection Program (PPP). PPP Loans were dispersed to businesses and nonprofits in order to pay employees during the height of the pandemic, and 95% of these loans were forgiven. It is questionable, however, just how many of those businesses actually needed a helping hand.

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Was the Paycheck Protection Program abused by American businesses?
Was the Paycheck Protection Program abused by American businesses?

James Pierson and Adam Andrzejewski penned an opinion piece for Newsweek on the matter, highlighting the pitfalls of the $787 billion appropriated to businesses under the Paycheck Protection Program (PPP).

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Jennifer Joslyn
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