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Frequently Asked Questions

What is ProPublica’s work?

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published.

What is ProPublica doing in Ocean County?

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. The shoreline communities of Ocean County, New Jersey, are a summertime getaway for throngs of urbanites, lined with vacation homes and ice cream parlors.

What if you don’t want public companies to apply for PPP?

Of course, if you don’t want public companies to apply, you could just bar them from applying. That’s what Congress did when it created a second round of the PPP in December 2020.

What happened to the PPP loans?

The PPP loans had either been sold to SBA-approved banks or bought by the Federal Reserve. Bernardini wouldn’t say which banks now own the loans, however, and said that no potentially fraudulent loans had been pledged to the Fed.

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