How many jobs did the PPP loan program save in Alabama?

How many jobs did the PPP loan program save in Alabama?

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In Alabama, 672,000 jobs were saved by Paycheck Protection Program loans through the U.S. Small Business Administration. That’s according to a survey by Business.org based on data from the U.S. Treasury Department as of July 16. The deadline for PPP applications was Aug. 8 In Alabama, 65,806 PPP loans totaling $6,191,565,635 were provided through the CARES Act so far. As we previously reported, unemployment claims across the state dropped by 5,747 between July 26 and Aug. 1 compared to the…

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