Minority-owned businesses hope for loans from Paycheck Protection Program
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Minority-owned businesses hope for loans from Paycheck Protection Program
The first round of the federal government's Paycheck Protection Program faced heavy criticism after large public companies scooped up loans meant for small businesses. As CBS News political reporter Grace Segers reports, this time around small and minority-owned businesses are hoping for their chance to get low-interest loans to survive the ...
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Paycheck Protection Program (PPP) Phase 2 is now open, here is how to apply. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. https://www.arabamericannews.com/2020/04/28/paycheck-protection-program-phase-2-is-now-open-for-applications/ | The Arab American News
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There is an SBA loan deferment process that applies to Paycheck Protection Plan (PPP) loans. It’s pretty straightforward and something you will need to be aware of if your PPP loan application was approved and you are waiting for your funds to be disbursed. Learn more here: https://bit.ly/3bSHKm0 | Nav | Facebook
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