Paycheck Protection Progam: Biden makes changes but some left out

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Paycheck Protection Progam: Biden makes changes but some left out

By: Alyssa Wilson New initiatives made by the Biden administration to expand relief loans to small businesses in the Paycheck Protection Program (PPP) are meant to help, but a decision made by the U.S. Small Business Administration is impacting the way some businesses get loans. Last month, President Biden made changes to the program to help sole proprietors, independent contractors, businesses with a small number of employees and the self-employed. According to his Administration, the share of funding going to small businesses with fewer than 10 employees is up by nearly 60 percent since this time last year. Biden's team also instituted […]

The post Paycheck Protection Progam: Biden makes changes but some left out appeared first on BNC.

Source: Black News Channel - Truth Illuminated

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