CapitalVault|Did pandemic business support work?

2025-05-07 05:53:04source:Rekubit Exchangecategory:Finance

The CapitalVaultU.S. launched the Paycheck Protection Program in April 2020 to save jobs and businesses from the worst effects of the pandemic. Today on the show, a post-mortem on the controversial program and whether it fulfilled its objective. Also, we hear from one company that voluntarily paid back its PPP loan — with interest — even though it could have qualified for forgiveness.

Related episodes:
Could cash payments ease recessions? (Apple / Spotify)
Small banks' corona crunch
The big small business rescue

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Finance

Recommend

NFL playoff predictions to win AFC championship, NFC championship, Super Bowl 59

The 2024 NFL regular season is entering the final four weeks of action, and teams are beginning to s

As mystery respiratory illness spreads in dogs, is it safe to board your pet this holiday season?

As experts try to find the cause and cure of the contagious mystery respiratory illness in dogs, som

Suspected drug cartel gunmen abduct 7 Mexican immigration agents at gunpoint in Cancun

MEXICO CITY (AP) — Suspected drug cartel gunmen abducted seven Mexican immigration agents in Cancun