Half The PPP Loan Money For Culture Went To Only 228 Institutions. They Still Laid Off A Quarter Of Their Workers.

The purpose of the Paycheck Protection Program was to let businesses hobbled by the pandemic retain their employees. An AFSCME study found that, out of 7,500 eligible cultural institutions, 228 large ones got $771 million, half the total — and let go of 28% of their staff. – Hyperallergic

Tags: Art, Featured, PPP, Issues, AFSCME, Paycheck Protection Program

Source:  http://feedproxy.google.com/~r/Artsjournal/~3/bicwXWR4VCA/

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