Federal stimulus spending in our area
By George Shaw for The Wake Forest Gazette Overview Organizations located in the Wake Forest area received more than $140 million in awards from the roughly $3 trillion federal economic stimulus program. The information on about $1.5 trillion of this funding is available on the website of the Project on Government Oversight (POGO). They used data from USASpending.gov as well as reports from specific federal government agencies. The POGO website enables sorting by zip code, federal agency as well as the type of program. The assessment for our area covers organizations that filed for assistance from Zip Codes 27587 (Wake Forest), 27571 (Rolesville) and 27596 (Youngsville). The data includes many smaller organizations in our area but generally excludes franchises and chain stores. Types of Programs Covered o Payroll Protection Plan (PPP) -a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. This program is managed by