Inconsistent information
The $790 billion Paycheck Protection Program serves as one of the largest federal efforts to provide economic stability while also detailing those payments in publicly accessible data. But it still represents a fraction of pandemic spending, offers inconsistent results and is ripe for misinterpretation.
For instance, early PPP data listed the approved totals for loans, not the actual accepted amounts, which brought scrutiny to businesses that had actually turned down the bailout loans. State Rep. Wilcox said Wilcox Farms declined most of its approved $2.8 million loan, later receiving about $1 million as forgiven relief.
Wilcox, R-Yelm, said PPP loans have proven one of the better parts of
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