Paycheck Protection program reopens Tuesday for second round of small-business loans
10:26
Fox BusinessMegan Henney
Paycheck Protection program reopens Tuesday for second round of small-business loans
The Paycheck Protection Program, a vital lifeline that helped keep pandemic-ravaged small businesses afloat, fully reopened to all participating lenders on Tuesday after initially limiting who was eligible.
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8.1K views | Paycheck Protection Program (PPP) Phase 2 is now open, here is how to apply. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. https://www.arabamericannews.com/2020/04/28/paycheck-protection-program-phase-2-is-now-open-for-applications/ | The Arab American News | Facebook
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Small business owners can apply for PPP loan forgiveness in about 15 minutes if their loan is $150K or less. Watch this to see how we’ve simplified the process: https://bit.ly/3aRR9fv | Bank of America
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