After a few weeks in, the Paycheck Protection Program (PPP) has been adjusted to offer small businesses more flexibility in accessing financial support.
“The recent adjustments made to the Paycheck Protection Program provides businesses more flexibility in accessing financial support, offers borrowers additional time to qualify for forgiveness and eases many of the loan restrictions, which will make a big difference as they begin to reopen,” said Nancy Moody, DTE Energy vice president of public affairs.
“To support the change, the DetroitMeansBusiness.org website was expanded to make it even easier for owners to understand which financial support programs are most aligned with their businesses.
Detroit Means Business is a resource for small business owners to find aggregated information on multiple programs, including the PPP.
The Detroit Means Business website has recently been expanded to make it even easier for business owners to understand which financial support programs are best aligned with their businesses.