This isn& #39;t exactly right. Among employer businesses with <500 emp., Accommodation and Food Service comprised 8.9% of all firms and 5.7% of annual payroll (in 2016). They& #39;ve received 9.2% of all approved PPP loans and 10.5% of the total approved dollars, so they& #39;re doing ok. https://twitter.com/jimtankersley/status/1250168230137802752">https://twitter.com/jimtanker...

The real big winners have been ag/forestry/fishing, mining, and manufacturing.

Consistent with these industries, the states with the highest share of small businesses getting PPP loans are in the heartland.

Here& #39;s a better version of what I attempted in this thread. It makes some adjustments to provide loan amounts as a % of expected payroll over the duration of the PPP program. It also hits on some plausible reasons for why some places have received more. https://twitter.com/ernietedeschi/status/1250400511930572803">https://twitter.com/ernietede...