Hampton Roads businesses can start applying for new PPP loans
Some restaurant owners are afraid a second loan won’t keep them afloat. Friday was last call at Humboldt Steel Corporation in Portsmouth. Author: Allison Bazzle Updated: 11:30 PM EST January 15, 2021
PORTSMOUTH, Va. As the pandemic drags on, a second loan-lifeline for small businesses is coming soon. The Small Business Administration reopened its “Paycheck Protection Program this week.
Lenders and borrowers can apply right now until March 31, but there are some restrictions.
Some restaurant owners are afraid a second loan won’t keep them afloat. Friday was last call at Humboldt Steel Corporation in Portsmouth.
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