“Despite loans to arts organizations from the federal Paycheck Protection Program — amounting to less than 1 percent of the giveaway, according to one analysis — many will surely be squeezed out.”
And the thrust of the article is what to do moving forward beyond PPP, since those loans were a stopgap measure only intended to prevent short-term layoffs. The very next sentence is: “Yet the theater industry seems frozen in doubt about how to proceed...”