What was the main purpose of extending the Paycheck Protection Program?
Paycheck Protection Program Lending Extended Into August

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase taxes on small businesses
To provide loans to large corporations
To reduce government spending
To support small businesses during the pandemic
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reaction of lawmakers to the missed deadline for data release by the Treasury and SBA?
They were pleased with the progress
They were indifferent
They were frustrated
They decided to cancel the program
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When was the Paycheck Protection Program created?
In January as part of the CARES Act
In March as part of the CARES Act
In June as part of the CARES Act
In December as part of the CARES Act
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much funding has the PPP already distributed to small businesses?
Over $100 billion
Over $250 billion
Over $520 billion
Over $750 billion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the average loan size provided by the PPP?
$200,000
$50,000
$500,000
$107,000
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