Not only did U.S. Rep. Diana DeGette’s 1st Congressional District receive the bulk of the state’s Paycheck Protection Program loans from the federal government, the Denver area also ranked third in the nation for the most loans awarded.
That’s according to Fortune Magazine, which ranked the top 10 it says includes the wealthiest enclaves in the country.
The Colorado Sun reports DeGette’s district in Colorado had the most companies receiving $5 million to $10 million.
DeGette was of course a major supporter of the PPP program, citing the need of “small businesses” to stay afloat during the economic shutdown in Colorado, which thanks to Gov. Polis is still ongoing for many businesses.