As Paycheck Protection Program Runs Dry, Desperation Grows

Overwhelmed lenders and panicking borrowers are in a frenzy to grab the remaining money in the small business relief program.


By Stacy Cowley

The government’s $788 billion relief effort for small businesses ravaged by the coronavirus pandemic, the Paycheck Protection Program, is ending as it began, with the initiative’s final days mired in chaos and confusion.

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