Business owner says stimulus check, PPP loan can help local business
Businesses to receive PPP loans By DeAndria Turner | December 30, 2020 at 9:57 PM CST - Updated December 30 at 10:01 PM
HUNTSVILLE, Ala. (WAFF) - Small businesses are the heart of our economy. That’s why local business owners are thankful for the latest round of relief.
Restaurants like Momma Goldbergs in Muscle Shoals had to close their doors for the whole month of April when COVID-19 hit.
Stimulus checks and the payroll protection program loan will hopefully keep this business going.
For the most recent PPP loans, businesses must have fewer than 300 employees and prove a revenue reduction of 25 percent, among other things, to qualify.