Daily Archives: February 22, 2021

Paycheck Protection Program Revised to Serve Small Employers with Fewer than 20 Employees

Small Business Administration’s opens up the application process on Wednesday, February 24  Effective on Wednesday, February 24, 2021, at 9 am EST, the Small Business Administration [SBA] will open up a special, 14-day Paycheck Protection Program [PPP] loan application period, reserved exclusively for businesses and nonprofits with fewer than 20 employees.   This new loan option gives lenders and community partners more time to work with the smallest businesses on application submission, while still ensuring that larger […]