On August 19, 2020, the D.C. Policy Center’s article, Paycheck Protection Program in the District: Hard-hit industries receive a smaller share of loans, was cited by The DC Line:
► REPORT – ‘Paycheck Protection Program in the District: Hard-hit industries receive a smaller share of loans.’ DC Policy Center’s Sunaina Kathpalia and Yesim Sayin Taylor: “Establishments with 20-49 employees formed a slightly larger share of PPP loan recipients at 23.1 percent, while constituting roughly 15 percent of the District’s businesses. Although 68.7 percent of businesses in the city have fewer than 5 employees, these businesses account for a relatively smaller share of PPP loans (18.5 percent). Since loan eligibility was based on payroll sizes, this is not a surprising outcome.” [DC Policy Center]