The senate approved changes to PPP loan forgiveness eligibility - Business Insider

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The senate just approved changes to PPP that would give businesses more flexibility when using loans and qualifying for forgiveness

alike, the program has doled out $550 billion, with $120 billion remaining left to be claimed.

The new bill extends the time businesses have to use loan funds from eight weeks to 24 weeks, and reduces the amount that businesses areIt also extends the time businesses have to rehire workers, use the funds to pay them, andWith many businesses currently shut down or operating under capacity, the extended timeline increases the hope many have of

 

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After a rush for more small business funding, PPP loan money remains untappedMore than a month into round two of the Paycheck Protection Program, there's more than $120 billion still left unallocated for small businesses. Better to allocate and not spend it. Watch Democrats try to take it and hand to corrupt, poorly-run, blue-state governments, pay for abortions, and leftist media. “Mr Wonderful”: Buy $GLD If you’re looking to invest in forex,bitcoin investments and make more money I would recommend Mrs Lisa to you ,I was really amazed when I got my first profit in 7 days of trading I can’t stop spreading the good news thank you ma’am...you can reach her on WhatsApp on +12132243837
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Senate passes bill lengthening coronavirus small-business loan termsThe U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline. Any more flexibility and it will fail the name “pay check protection.” *Big Corporation handout program. There I fixed it for you.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »