Author Archive

Lydia DePillis

Lydia DePillis joined ProPublica in 2019. Before that, she covered national economics issues for CNN Business, Texas’ economy for the Houston Chronicle, labor and the workplace for The Washington Post, and the business, culture and politics of the technology industry for The New Republic.
Management

The Government Is Here to Help Small Businesses — Unless They’re Cooperatives

The Small Business Administration’s rules prevent it from helping most employee- and consumer-owned cooperatives, even though Congress specifically asked it to. The result? Co-ops are largely cut out of the mainstream financial system.

Management

Hundreds of PPP Loans Went to Fake Farms in Absurd Places

An online lending platform called Kabbage sent 378 pandemic loans worth $7 million to fake companies (mostly farms) with names like “Deely Nuts” and “Beefy King.”

Management

The Federal Government Will Now Give PPP Loans to Borrowers in Bankruptcy

Thousands of companies working their way out of bankruptcy are now eligible for the Paycheck Protection Program after ProPublica reported that the Small Business Administration had been excluding them.

Finance

How a Federal Agency Excluded Thousands of Viable Businesses From Pandemic Relief

The Small Business Administration refuses to give pandemic relief loans to people who have filed for bankruptcy, even if their businesses can survive.

Finance

How the Pandemic Economy Could Wipe Out a Generation of Black-Owned Businesses

Danette Wilder spent years building up her company. Now it has to survive an existential threat to Black entrepreneurs.

Public Safety

Capitol Rioters Planned for Weeks in Plain Sight. The Police Weren’t Ready.

Insurrectionists made no effort to hide their intentions, but law enforcement protecting Congress was caught flat-footed.

Finance

The Trump Administration Says a New Bailout Program Will Help 35 Million Americans. It Probably Won’t.

Experts from across the political spectrum fear that the Federal Reserve’s new Main Street Lending program won’t reach enough businesses or save enough jobs.