July 15, 2020
Businesses in Alexandria received 3,251 Paycheck Protection Act loans preserving 35,117 jobs, according to data released by the Small Business Administration.
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Protecting Paychecks
Restaurants, lawyers and consultants in Alexandria receive millions in forgivable loans.
Restaurants in Alexandria received the biggest chunk of federal cash from the Paycheck Protection Program, landing more than 200 forgivable loans and saving about 4,000 jobs, according to new data released from the Small Business Administration. Lawyers, consultants and home health care workers also scored big, landing hundreds of loans and saving thousands of jobs. Ultimately, businesses in Alexandria received more than 3,000 loans and preserved more than 35,000 jobs.
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