42 local businesses have received forgivable loans of $150,000 or more, and many others have gotten smaller amounts… that according to a story in the Cowley Traveler, releasing data about the federal virus relief program. The Paycheck Protection Program provided $659 billion in federal financial support to banks so they could make low-interest loans to companies and nonprofit organizations to keep people employed during the coronavirus scare. The public database only includes businesses that received loans of more than $150,000, and only gives a range for the amount received, not a specific dollar amount. Meanwhile, the U.S. Department of the Treasury contains data on all businesses that received loans, including in amounts under $150,000, but does not specify business names. In Winfield, the largest loan recipient was William Newton Hospital, which got $3.9 million. In Arkansas City, the largest loan went to South Central Kansas Medical Center, which received $1.5 million.
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