Roughly 14% of business owners who received a PPP loan expect to lay off workers once they deplete their funds, a survey finds.
The Paycheck Protection Program has been credited with returning 2.5 million Americans to work last month.
This possibility hints at the fragility of the economic recovery if lawmakers don't extend more aid to individuals and businesses. The finding comes as lawmakers debate the necessity and contours of another round of federal relief measures for individuals and businesses, and points to the potential fragility of the U.S. economic recovery absent additional aid.
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