In Illinois, more than one-third of PPP funds, meant for small businesses, went to larger companies that got loans of $1M or more. Search the SBA list. – Chicago Tribune*
Nearly 4,000 businesses in Illinois received loans of $1 million or more, adding up to $8.67 billion, or 38% of the total. In Illinois, the SBA approved more than 221,000 loans, according to the agency.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.