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Pennsylvania companies claim 4% of PPP loans, as pool quickly shrinks

More than $247 billion of the $349 billion Paycheck Protection Program (PPP) has been approved for use by American businesses as of Tuesday evening, according to the latest figures from the Small Business Administration, the federal agency overseeing the rollout of stimulus funds.More than $247 billion of the $349 billion Paycheck Protection Program (PPP) has been approved for use by American businesses as of Tuesday evening, according to the latest figures from the Small Business Administration, the federal agency overseeing the rollout of stimulus funds.

Justin Henry
Justin Henry is the regional reporter for the Central Penn Business Journal and the Lehigh Valley Business. He can be reached at jhenry@bridgetowermedia.com.

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