Disaster. Fiasco. Debacle. That’s how the rollout of the Paycheck Protection Plan (PPP) is widely described. PPP is the loan program aimed at helping small businesses and the self-employed keep their employees paid through the coronavirus crisis, with loans that can be “forgiven” – in other words, turned into a grant.  But frankly, it’s just a mess.

I have yet to hear of a small business whose owner has actually been told they’ve been approved or has received any money.