Eight months after they got a $56,000 forgivable loan from the federal government, Lauren and Ben Reese lie awake nights talking about whether they’d do it again.
Don’t get them wrong. Like most small-business owners who took part in the $523 billion Paycheck Protection Program, the Reeses are grateful. In March, business dropped 30% overnight at their two cafes in Beaverton, Oregon. The taxpayer-funded relief helped them keep the doors open and retain most of their dozen employees.
