Different Names, Same Address: How Big Businesses Got Government Loans Meant for Small Businesses
ProPublica, Paul Kiel and Jack Gillum
July 14, 2020 at 1:00PM
ProPublica’s findings bring into sharper focus how companies with thousands of employees were able to get assistance, just as some small businesses were reluctant to even apply. So far, the PPP has paid out more than $517 billion to 4.9 million companies — loans that can be forgiven if used to cover payroll, rent, mortgage interest or utilities.