Every Arizona business that got a PPP loan and how much they got
Image via iStock / Getty Images Plus
Arizona businesses received more than 85,000 emergency pandemic loans worth $8.6 billion under the Paycheck Protection Program. The loans were used to keep a claimed 887,000 workers employed, according to data released this week by the U.S. Small Business Administration.
The loan program, referred to commonly as PPP, was approved by Congress in late March as part of a $2 trillion coronavirus aid package that sent money to workers, businesses and the health care system as the nation grappled with the early stages of the COVID-19 pandemic.