Nonprofits Secured 3.7% of All Loans Made Under the Paycheck Protection Program, Protecting 4.1 Million Jobs
July 29, 2020
July 29, 2020
ALLENDALE, Michigan, July 29 -- Grand Valley State University issued the following news:
Researchers at the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University have released research about the impact of the Paycheck Protection Program, or PPP, on the nonprofit sector, finding that the loans made to nonprofit organizations helped protect approximately 4.1 million jobs.
The 181,680 loans made to nonprofits represented 3.7 percent of all loans made . . .
Researchers at the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University have released research about the impact of the Paycheck Protection Program, or PPP, on the nonprofit sector, finding that the loans made to nonprofit organizations helped protect approximately 4.1 million jobs.
The 181,680 loans made to nonprofits represented 3.7 percent of all loans made . . .