ADThe PPP disbursed hundreds of billions of dollars to small businesses, but it also faced criticism because of some of its recipients. Restaurants, for instance, could use funding to build sidewalk seating or reconfigure their dining rooms for social distancing. Borrowers snapped up the first $349 billion Congress approved just 13 days after the program’s April 3 launch. “We’re open-minded, but we absolutely believe small businesses — and by the way many big businesses in certain industries — are absolutely going to need more help,” he said. AD“We want to get them all back to work, but with travel not expected to recover quickly, additional stimulus is imperative to keep the majority mom and pop small businesses afloat,” he said.

Source: Washington Post June 30, 2020 10:01 UTC