As Americans Avoided Restaurants And Doctors' Offices, Those Businesses Got Loans
The small business sectors that received the largest share of federal loans from the coronavirus relief package known as PPP include restaurants, doctors' offices, car dealerships and law firms.
by Robert Benincasa
Jul 06, 2020
2 minutes
Restaurants, car-dealers and lawyers were among the businesses that borrowed the most from a federal program to save jobs during the pandemic.
Those business sectors, along with doctors' and dentists' offices, topped the list of nearly 700,000 businesses approved for larger loans under the federal government's $660 billion Paycheck Protection Program, commonly called the PPP.
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