NYSBHA members Carthage Area Hospital and North Country Family Health Center saw jobs saved through the Payroll Protection Program
July 13, 2020
WATERTOWN, N.Y. (WWNY) – Hospitals and health clinics. Newspapers and nursing homes. Auto dealers and the people who fix cars. Even a church.
More than 300 businesses and not-for-profits in the north country got at least $150,000 each from the federal government’s Paycheck Protection Program – and thousands of jobs were saved.
As the coronavirus spread this spring and the economy tanked, congress looked for a way to keep people working. They came up with the Paycheck Protection Program (PPP), which loaned money to businesses and other organizations to cover the cost of employees. Although technically a loan, the money does not need to be paid back in many cases.
In the north country, Jefferson, Lewis and St. Lawrence counties, more than 27,000 jobs were “retained” at organizations which got the PPP money.