Similar experience on the lower end of the economic spectrum. A local restaurant I love and have frequented for years was saved by PPP. As you can imagine, their employees were among the most economically vulnerable. With PPP they were able to send their people home and keep paying them during the downtime. Without that they'd have been finished.
But as you acknowledge, I'm sure there was abuse. I'll bet there was a lot of it. Gov't needed to get the money out the door fast, and it did, at the cost of some oversight. Hopefully next time we'll do it smarter.
But as you acknowledge, I'm sure there was abuse. I'll bet there was a lot of it. Gov't needed to get the money out the door fast, and it did, at the cost of some oversight. Hopefully next time we'll do it smarter.