Fox 23 News: 72 Portland ME Companies Received $1M+ Forgiven PPP Loans Costing Taxpayers $152M

In March 2020, at the height of the pandemic, millions of mom-and-pop businesses on Main Street were shut down during the economic lockdown. Congress created the Paycheck Protection Plan (PPP) to provide Covid aid to those companies.

The SBA has forgiven 95 percent of all its PPP loans, in full or in part, including billions of dollars in Maine!

Read the full article at OpenTheBooks.com: https://bit.ly/PortlandPPP

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