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Publication Date
2023
Document Type
Poster
Degree Type
Graduate
Mentor
Vladimir Kotomin
Abstract
Paycheck Protection Program (PPP):
- 1% interest loans to qualifying small business
- Built-in forgiveness plan, most but not all forgiven
- Three rounds in 2020-2021, 11.5 million loans
- Guaranteed by the SBA (risk-free to lenders)
Recommended Citation
Morr, Rudy and Frere, Wyatt, "Determinants of Loan Forgiveness in the Paycheck Protection Program" (2023). University Research Symposium. 427.
https://ir.library.illinoisstate.edu/rsp_urs/427