NPR
While there are still some businesses waiting on funds, it appears that the overwhelming majority that wanted PPP money have gotten it. Beyond that, demand does not appear to be growing. One factor related to the slower PPP usage is smaller loans. Some business owners have decided that the PPP just doesn't work with their finances. The restrictions surrounding how the money must be spent — for example, that it must be spent in eight weeks, with 75% spent on payroll in order to be forgiven — have frustrated some business owners.