PPP Loans: Why Some Government Contractors Are Returning the Money

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PPP Loans: Why Some Government Contractors Are Returning the Money
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Many companies are returning their PPP loans with interest—including government contractors that could face the loss of new business

Resilient business and risks of running afoul of complex rules have led some firms to pay back the money—with interest

When the coronavirus hit this spring, Atlanta-based Motion Stability owner Brian Yee relied on PPP to pay his staff of physical therapists and keep his business operating. Now his eight-week loan-forgiveness period is ending as Georgia faces a surge in new Covid-19 cases.

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