paycheck protection program

Here’s all 13,718 Minnesota businesses that got PPP loans

BY: and - July 10, 2020

More than 13,000 Minnesota employers received at least $150,000 in loans through the federal Paycheck Protection Program, according to data released this week — including a handful of firms owned by state legislators. Four state legislators have ownership stake in companies that received PPP loans, while another nine work for organizations that received loans, a Reformer […]

Minnesota private schools, restaurants among businesses that got federal loans, new records show

BY: - July 6, 2020

The federal government issued more than 98,000 loans to Minnesota businesses and nonprofits through the Paycheck Protection Program, including pricey private schools and a conservative think tank, according to data released Monday. Nonprofits, restaurant corporations, construction companies and churches were among the 13,700 organizations that received loans of at least $150,000. Here are some of […]

Amid allegations of favoritism to red states, Minnesota firms did well in scramble for federal money

BY: - May 13, 2020

More than 46,000 Minnesota businesses received a total of $9 billion in loans during the first round of federal small business coronavirus relief, a larger sum than most states.  The Paycheck Protection Program loans have been critical in helping businesses in Minnesota and across the country avoid layoffs during the COVID-19 crisis.  But the program […]

Lawmakers advance small business relief bill without extra cash for states

BY: - April 22, 2020

WASHINGTON — The U.S. Senate on Tuesday cleared an “interim” COVID-19 relief package that includes billions of dollars for small businesses, hospitals and testing, but no additional funds for state and local governments. The nearly $500 billion package passed by unanimous consent Tuesday afternoon. The U.S. House is expected to reconvene on Thursday to vote […]