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The Dispatch When the COVID-19 pandemic hit, some of those who were most affected were businesses, especially restaurants, retailers, and other independently-owned businesses. The Paycheck Protection Program is a federal program that provided businesses with two rounds of low-interest loans to cover payroll expenses in an effort to keep employers from laying off their workers. Here is a breakdown of how much money was given to businesses in Davidson County and how many jobs were saved. How many loans were given, and how many jobs were retained? Businesses in Davidson County received a total of 1,451 loans leading to a reported 15,107 jobs retained and between $114 and $215 million in funding through the Payroll Protection Program.

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