Truly small business as defined by Healthcare.gov (1 to 50 employees) or US Census Bureau (less than 500 employees) needs support but not the Small Business Administration (SBA) definition that includes companies with thousands of employees making millions of dollars and with access to capital markets to raise funds (bonds, commercial paper, stock, etc).
PPP has been McConnell’s slush fund lacking effective oversight for cronies & political contributors based on Small Business Administration (SBA) definition of a small business which really isn’t really small business (privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation) because the SBA definition includes businesses with:
1) 250 to 1,500 employee
2) $750,000 to $38.5M revenues
US Census Bureau defines small business as less than 500 people.
Healthcare.gov defines it as 1 to 50 people