Only 12% of NYC businesses got PPP through feds; Bronx got the least

Only 12% of NYC businesses got PPP through feds; Bronx got the least

Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City Comptroller Scott Stringer said New York City should be claiming their fair share of the Paycheck Protection Program this time around after barriers to businesses in the five boroughs meant only 12% benefitted from the grants. In the center of Chinatown at Baxter and Canal Streets on Wednesday, Stringer pushed for businesses to take advantage of the next round of the program with $284 billion available while businesses owners said the program was either too difficult to qualify for with too many …
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