Hacker News new | ask | show | jobs
by chroem- 2226 days ago
None of those small, low-profit businesses are receiving benefit from this Federal reserve money.
1 comments

Where do you think the money for PPP loans is coming from?
The money may be coming from the Fed, but very little of it is going to small businesses. [1] What's more, PPP makes up a tiny fraction of the Fed's current coronavirus response.

[1] https://www.nytimes.com./2020/04/26/business/coronavirus-sma...