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PPP Loans Should Not Be Automatically Forgiven

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By Brock Blake

The Paycheck Protection Program has been a vital lifeline for businesses during the pandemic, providing close to $520 billion in aid to more than 5 million businesses. The premise of the program is to provide recipients with cash infusions to help pay their employees and qualified expenses such as rent, with the promise that in many cases, the loans will be forgiven.

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