Goldman Sachs poll shows 91% of small clients applied for PPP

But only 29% got funds

That’s surprisingly high to me on both fronts but I doubt Goldman clients are a representative sample of all US small-and-medium sized businesses.

Lawmakers are hoping to tweak the grant program to limit use by large companies and those who don’t need the funding. The hope is to get it back up-and-running on the weekend. The new money won’t last long.

See here for global coronavirus case data