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Apr 30

Paycheck Protection Program applications for small businesses begin Monday

  • April 30, 2020
  • Jamie DeMent
  • No Comments
  • BALANCED GROWTH
ABC 4 News
Tony Fortier-Bensen
April 28, 2020

Paycheck Protection Program applications for small businesses begin Monday

The Small Business Administration announced on their website that applications for the Paycheck Protection Protection (PPP) will resume again on Monday.

Congress is set to add $310 billion to the PPP, after the initial round of $349 billion under the CARES Act lasted about a week before it dried up. This round is projected to only last four to six days, according to financial experts

The application process will reopen on Monday, April 27, starting at 10:30 a.m. ET.

Read the full article, HERE.

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