Paycheck Protection Program

New White House Report Catalogs ARPA’s Strengths

A recent report from the White House outlines how 32 programs in the emergency package spurred an equitable recovery from the pandemic. Notable successes highlighted in the 301-page report include a sharp decline in unemployment among people of color, the largest number of new jobs ever in a calendar year and lowering black and brown child poverty rates.

The Restaurant Revitalization Fund Should Have Stronger Oversight if More Funds are Approved

The American Rescue Plan included a program meant to keep small businesses owned by disadvantaged groups in the restaurant industry open during the height of the pandemic. The $28.8 billion grant program—known as the Restaurant Revitalization Fund—gave money to over 100,000 businesses, with some grants going as high as $10 million.

Covid Stimulus Watch Now Contains Recipient Data from the American Rescue Plan

Covid Stimulus Watch now includes recipient data from the 2021 American Rescue Plan Act (ARPA). We’ve added more than 123,000 entries that amount to almost $8 billion across 15 ARPA programs.

Sunshine Week: Transparency and Pandemic Spending

President Biden announced in this State of the Union Address that the Department of Justice will appoint a chief prosecutor responsible for investigating pandemic fraud.  

PPP Loan Forgiveness Disclosures Reveal Many Dubious Beneficiaries

The Paycheck Protection Program (PPP), part of the original federal stimulus package, the CARES Act, was meant to keep workers on the job and small businesses alive during a time of financial uncertainty. But did it work? The answer to that may be unclear, but nearly all the loans - over 80% - have been forgiven.

WORKPLACE WARNINGS: The Need for a New and Improved Paycheck Protection Program

More than 190,000 American workers have been laid off since March across 1,900 companies that received loans through the Paycheck Protection Program (PPP). The companies intended to support 251,000 workers – instead, they laid off 76 percent of them. About one in eight of those workers lost their jobs permanently.