Showing posts with label federally backed. Show all posts
Showing posts with label federally backed. Show all posts

Wednesday, December 30, 2020

Key Details About the Second Round of PPP Loans for Small Businesses

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More Paycheck Protection Program (PPP) loans are coming.  President Donald Trump has signed into law a new $900 billion coronavirus relief and stimulus package.  Among its provisions: An extension of last spring’s PPP, allowing another $284 billion or so in forgivable, federally backed loans for ailing small businesses.

Here are some answers to questions business owners might have.