Updated data on Paycheck Protection Program (PPP) loans of $150,000 or more is now available on Covid Stimulus Watch. The 661,000 loans on Covid Stimulus Watch now have precise dollar amounts instead of the range that was originally reported by the SBA.
Blog, January 2021
The political and moral imperatives are clear: if the PPP is to be extended in future economic recovery packages, it must be tailored to suit the needs of American workers.
Over 5,400 private schools across the country received loans from the Paycheck Protection Program (PPP), amounting to an estimated $4.5 billion—approximately $833,000 per school. West Virginia follows this trend with 18 private schools receiving an estimated $5.8 million in PPP loans, or $322,000 per school.
CARES Act funding for public education, however, was not as generous. West Virginia was allocated $78 million in grants for its 768 Title I public schools through the Elementary and Secondary Schools Emergency Relief Fund (ESSER). Although the ESSER program is primarily