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Loans Not Returned

A majority of Paycheck Protection Program loans that went to publicly traded companies have not been returned, reports the Hill.

More than 80 percent of public companies that received loans through the Paycheck Protection Program (PPP) have kept the money, according to an analysis by market research firm FactSquared.

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Government Set to Revise PPP Loans

The rules surrounding the aid to small businesses in the form of the paycheck protection program loans will be revised, reports Yahoo Finance. 

The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the Wall Street Journal reported on Sunday.

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Small Business Needs to Reinvent

In order to survive small businesses will need to reinvent how they do business, reports Fox 6 Now. 

It seems gone are the days of customers packing into a store, trying to get their hands on that coveted item. Instead, it’s about sanitizing and lessening the crowds amid the coronavirus pandemic.

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