The Paycheck Protection Program reopens on Monday for a second round of loans to help small businesses continue paying employees through the coronavirus crisis. The relief program quickly ran through its initial $350 billion, but Congress replenished it with $321 billion of additional funding last week. The program has generated negative publicity due to revelations that numerous large companies got some of the money from the first funding round. The latest figures from the Washington, D.C.-based data analytics firm FactSquared indicated that more than 200 public companies applied for at least $854.7 million in PPP loans. The Treasury Department has given large firms that received loans under the program two weeks to repay them.
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