[Durham INC] Who Benefited from the Paycheck Protection Program?

[bonita green]

Who Benefited from the Paycheck Protection Program?
<https://nonprofitquarterly.org/who-benefited-from-paycheck-protection-program/?utm_source=NPQ+Newsletters&utm_campaign=c4d25e76f6-EMAIL_CAMPAIGN_2019_03_20_04_14_COPY_01&utm_medium=email&utm_term=0_94063a1d17-c4d25e76f6-13347701&mc_cid=c4d25e76f6&mc_eid=bbb68d574b>


The Paycheck Protection Program
<https://nonprofitquarterly.org/tag/paycheck-protection-program/> (PPP) was
one of the most widely used programs during the pandemic. A paper by
Massachusetts Institute of Technology (MIT) economist David Autor
<https://economics.mit.edu/faculty/dautor> and nine colleagues reports that
94 percent of all eligible businesses made PPP claims. The authors further
point out that the program’s $800 billion price tag was roughly the same
amount as was distributed through the three rounds of individual relief
(“stimulus”) checks, and it was $120 billion more than was provided in
income support through unemployment insurance payments (56).


be a kind human
Bonita Green
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