A roster of businesses receiving a piece of the US$660 billion U.S. Paycheck Protection Program illustrates how deeply the government's pandemic ...
A roster of businesses receiving a piece of the US$660 billion U.S. Paycheck Protection Program illustrates how deeply the government's pandemic aid has reached into the everyday lives of Americans, yet at the same time how unevenly and fleetingly.
Kymberly Miller, Fairyland's executive director, said she used the US$400,000 loan to pay her 56 staff. The funds run out Tuesday. The Oakland Hills Tennis Club received its loan of between US$150,000 and US$350,000 in April, when it was closed, and has not been charging members full dues since. In a newsletter published this month on its website, it told members it had depleted its PPP loan and, even as it has partially reopened, has begun to furlough some of its 51 employees. Calls and an email to the club weren't returned.
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