Mehrsa Baradaran, professor of law at the University of California, Irvine said … If the government wants to save businesses–rather than just preserve paychecks–it should let them use their loans to pay for necessary expenses, Baradaran says. “There is an argument that keeping businesses alive is a value in itself,” she explains, noting the multiplier effect of businesses on the economy goes beyond just providing jobs.
How the PPP Is failing America’s small businesses
Inc. May 8, 2020
May 8, 2020