Biden Makes Changes To PPP Loans: What You Need To Know

By Neil Hare

President Biden announced changes that make it easier for businesses with fewer than 20 employees to … [+] get loans.

getty

In an early move to put his stamp on the Paycheck Protection Program (PPP), on February 22, 2021, President Biden announced some new changes that make it easier for businesses with fewer than 20 employees to get loans, and puts enhanced scrutiny on some of the largest borrowers. In a public address and subsequent White House written release, Biden laid out some “reforms” to the PPP, the SBA’s loan to grant program now in its

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

A Successful Cybersecurity Company Isn't About Fancy Technology

February 25, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. We’re living in an information age where data is the...

Should You Use Your Own Name or Create a Brand Name for Your Business?

February 25, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. A friend and ex-colleague of mine recently left her full-time...

Homebuilders grapple with land shortage, soaring lumber costs

By Alex Veiga | The Associated Press U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and...