NBC10 crunched the numbers and found about 70,000 of the roughly 118,000 businesses in Massachusetts that received PPP loans last year are registered in ways that would potentially make them responsible to pay the state income tax.
At Signarama in Braintree, Massachusetts, the hum of high-tech equipment is a welcome sound to owner Michael Sepinuck. Sepinuck was surrounded by eerie silence last spring, when coronavirus restrictions went into effect around the state, shuttering his business and thousands of others. With sign orders on pause, things looked dire. But a loan received through the federal government’s Paycheck...