Vote delayed on Biden s SBA nominee amid GOP-led filibuster attempts -- FCW fcw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fcw.com Daily Mail and Mail on Sunday newspapers.
Small-business advocates are calling on the federal government to extend the March 31 deadline to apply for a loan from the Paycheck Protection Program, citing recent changes made to the program and delays in processing applications.
Changes, deadline hinder PPP relief finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.
Looming Deadline and Last-Minute Changes Hinder P.P.P. Loans
Lenders are struggling with a new Paycheck Protection Program rule intended to get more money to sole proprietors â and some banks are simply refusing to make the change.
President Biden announced changes to the Paycheck Protection Program in February meant to increase aid to the smallest businesses, but the changes were slow to go into effect.Credit.Doug Mills/The New York Times
Published March 9, 2021Updated March 16, 2021
The latest revision of the Paycheck Protection Program appeared to be a victory for the most vulnerable small businesses, offering more generous relief to companies like solo ventures that were eligible for only tiny loans â or none at all.