ppp

Among the more controversial recipients of coronavirus federal funding are private schools – some of them elite and some of them in our state. NBC Connecticut Investigates also recently shared data that showed companies that took Paycheck Protection Program (PPP) money and cut staff. Paycheck Protection Program data reviewed by NBC Connecticut Investigates indicated at least 19 private secondary schools…

Among the more controversial recipients of coronavirus federal funding are private schools, some elite, and some in Connecticut.

NBC Connecticut Investigates found at least a dozen Connecticut employers who took PPP funds totaling in the millions of dollars and laid off or furloughed people.

Millions of dollars from a federal program designed to preserve jobs during the COVID-19 pandemic have gone to Connecticut employers that laid off or furloughed workers, NBC Connecticut Investigates has learned. NBC Connecticut Investigates found at least a dozen Connecticut employers who took PPP funds totaling in the millions of dollars and laid off or furloughed people. We compared PPP…

Signs have been emerging that the second round of the Paycheck Protection Program trying to help small businesses through coronavirus has been reaching those who applied for it. The first round ran out of its $349 billion in just two weeks in April, with many small business owners complaining they were left behind. A recent CNBC survey showed only half...

Congress is expected to pass a second installment of the Paycheck Protection Program, or PPP. It has been designed to help small businesses keep workers paid, and the economy going, during the coronavirus pandemic. You may have heard about the high-end restaurant chain with 5000 employees that got a $20 million loan from the PPP.  While some have called this an…

Congress is expected to approve a second installment of the paycheck protection program but some small businesses are concerned they won’t get the help they need from it

Many small businesses say a loan process that was supposed to help them instead favored large businesses.