Using Cloudera Data Engineering to Analyze the Paycheck Protection Program Data
The Paycheck Protection Program (PPP) is implemented by the US federal government to provide a direct incentive for businesses to keep their employees on the payroll, particularly during the Covid-19 pandemic. PPP assists qualified businesses retain their workforce as well as help pay for related business expenses. Data from the US Treasury website show which companies received PPP loans and how many jobs were retained. The US Treasury approved approximately one million PPP loans across the US.