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capitol-report:-health-care-industry-was-top-recipient-of-ppp-loans,-data-show
capitol-report:-health-care-industry-was-top-recipient-of-ppp-loans,-data-show

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Capitol Report: Health-care industry was top recipient of PPP loans, data show

Capitol Report

Details released as program extended to Aug. 8

The health-care industry was the top recipient of loans under the Paycheck Protection Program through the end of June, the Trump administration said Monday.


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The health-care industry was the top recipient of loans under the Paycheck Protection Program through the end of June, the Trump administration said Monday, as it released the names of more than 650,000 businesses that got funds under the small-business lending program.

Launched as part of the government’s stimulus in response to the coronavirus pandemic, the PPP has so far issued $521 billion in loans. In a report Monday, the Small Business Administration said the program had helped support about 51 million jobs.

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