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PPP Loans Failed to Reach Communities in Most Need People walk through a shuttered business district in Brooklyn on May 12, 2020, in New York City. Spencer Platt / Getty Images Center for Public Integrity, a nonprofit investigative news organization based in Washington, D.C. As the pandemic hit, orders cratered at KB and Katie Brown’s print shop in Minneapolis. They knew they would need help exactly what the Paycheck Protection Program was meant to provide. But despite trying three lenders, they never got one of the forgivable COVID-19 loans handed out from April through early August. They had to furlough their four employees and still don’t fully understand what went wrong in a process that felt Byzantine and inequitable to them. ....
News Developer The Center for Public Integrity is a nonprofit newsroom that investigates betrayals of public trust. Sign up to receive our newsletters. Introduction As the pandemic hit, orders cratered at KB and Katie Brown’s print shop in Minneapolis. They knew they would need help exactly what the Paycheck Protection Program was meant to provide. But despite trying three lenders, they never got one of the forgivable COVID-19 loans handed out from April through early August. They had to furlough their four employees and still don’t fully understand what went wrong in a process that felt Byzantine and inequitable to them. ....