Posted inCalifornia Currents

Are California businesses getting a fair share of coronavirus loans?

California businesses have received $66.6 billion in federal Paycheck Protection Program loans so far, about 13 percent of the nation’s total, according to federal loan data. Gov. Gavin Newsom said the state’s businesses didn’t receive a proportional share of the federal money in the first round, but that it is now “punching above its weight” […]

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