Nearly all employers are receiving full forgiveness on PPP. 12:00 am, Apr. 6, 2021 ×
Rights to this stock image purchased from iStock images by the Grand Forks Herald. Credit: golibtolibov
WORTHINGTON There’s still plenty of time to apply for the second round of the Paycheck Protection Program (PPP), and regional businesses are being encouraged to learn how the U.S. Small Business Administration-backed loans could benefit them.
FIrst State Bank Southwest President Mark Vis explained Monday that the program had been set to expire March 31, but has been extended to May 31. That change allows small business owners affected by the COVID-19 pandemic additional opportunities to apply for loans.