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Celebrities who took out millions in PPP loans seeing them forgiven

Summary by Ground News
The Paycheck Protection Program, meant to help small businesses struggling during the COVID-19 pandemic, cost $953 billion. A PPP loan will be forgiven, including the 1% interest, if the money was spent on payroll costs. One study by the University of Texas at Austin suggests 15% of PPP claims, or $76 billion, were fraudulent.

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Dennis Michael Lynch broke the news in on Friday, August 19, 2022.
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