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I should have applied for a fraudulent PPP loan

Today, Explained

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Analyzing the Paycheck Protection Program

This chapter explores the Paycheck Protection Program (PPP) and its impact on small businesses during the pandemic, highlighting its eligibility criteria that led to extensive loan distribution. It raises concerns about potential fraud and the disproportionate benefits enjoyed by high-income households, illustrating how funds could be misallocated even as they were meant to protect jobs.

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