15 county businesses receive more than $1M in PPP
More than a dozen Butler County businesses received more than $1 million in the second round of Paycheck Protection Program loans issued in 2021.
A total of 15 local businesses, reporting more than 2,000 employees, received between $1 million and $2 million in the second wave of the federal Small Business Administration’s landmark COVID-19 protection program.
In sum, 162 county businesses received at least $150,000 in second-round PPP loans.
Of the five businesses that received the maximum $2 million loan, four were identified by the SBA as manufacturing companies, with the fifth identified as a construction company. The five businesses reported a sum of 982 employees.
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