US Census Bureau releases study on firms that sought PPP help.

BANKING AND CREDIT NEWS-May 18, 2020--US Census Bureau releases study on firms that sought PPP help

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Global Banking News - 18 May 2020

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A study by the US Census Bureau has said that about 38 percent of the surveyed 22,000 respondents received loans intended to help businesses during the Covid pandemic.

The study also said that the pandemic disproportionately affected the Northeast and Great Lakes, while businesses in Plains states such as Nebraska and South Dakota felt the slightest impact.

It also showed that about 75 percent of 22,000 small businesses sought federal...

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