Why these tech startups turned down millions of dollars in PPP loans from the federal government
GeekWire
MAY 12, 2020
But that’s exactly what two venture capital-backed Pacific Northwest tech startups did recently with their Paycheck Protection Program (PPP) loans. The decision to refrain from accepting money in the midst of a global pandemic reflects larger confusion around the $660 billion program to support U.S. million ready for the taking.
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