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U.S. PPP to Aid Small Businesses

U.S. PPP to Aid Small Businesses

The U.S. government’s aid program ($284 billion) for small businesses and the neediest is open this Monday.

As stated by the Small Business Administration (SBA), a third round of PPP (Paycheck Protection Program) will start over this week, with a priority of small business companies. This time around, the SBA will hopefully pay more attention to minor firms as well as women-run businesses, which were neglected first time.

The aid program will allow lenders to give out loans, and as long as the money is spent on things like rent and payroll, they can be overlooked. The new program will avoid financial abuse and fraud.

Samira H.

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