© 2024 KUAF
NPR Affiliate since 1985
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
Affected by May 26 tornadoes? Find relief resources here.

Business Owners, Bankers Navigate Ins and Outs of Paycheck Protection Program

Mockingbird Kitchen
Mockingbird Kitchen, which closed its dine-in service on March 16, is one of the 22,000 Arkansas businesses that received a Paycheck Protection Program loan in the first round of funding.

Since the first and second rounds of funding for the Paycheck Protection Program were approved by the U.S. Congress in the federal CARES Act, thousands of business owners and bankers have been working their way through the ins and outs of the forgivable loans. Despite some infrastructure pitfalls, the people we spoke with say the program is doing what it was designed to do in helping businesses stay afloat.

Related Content