I worked closely with the President of the National Development Council to craft this op-ed highlighting the extraordinary work that NDC did to get PPP loans to truly small businesses and nonprofits — with the vast majority of forgivable loans going to WMBEs and businesses in low- and moderate-income communities. When big banks failed, small lenders saved small businesses August 11, 2020 07:30 AM Daniel Marsh On Aug. 8, the Paycheck Protection Program—the federal government’s flawed but necessary small-business emergency lending program—came to an end. The program, designed to keep people employed through the initial Covid-19 crisis that brought the economy to a …
