Business Leaders: PPP A Lifeline For Locals, But More Funds Needed
By: Alan Pollock
The first two rounds of loans from the federal Paycheck Protection Program brought tens of millions of dollars to Lower Cape businesses, helping retain at least 7,000 jobs since early A pril. But a third round of funding is needed to extend that lifeline to restaurants and other seasonal businesses, officials say. Figures from the U.S. Small Business Administration show that the loans benefited...