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USAFacts
USAFacts
Health

The PPP gave out $525 billion in loans. Which places received the most?

The loans from the Paycheck Protection Program (PPP) aim to address the economic consequences of the pandemic with payroll support for small businesses. The first run of the program distributed two rounds of funding from April to August; the latest stimulus package allocates funding to restart it. Earlier in December, the Small Business Administration (SBA) released detailed information on loan approvals through August 8, when the program initially ended.

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