22 February 2021

NEW CHANGES FOR SMALL BUSINESS PPP: For 2 weeks only BUSINESSES CAN CLAIM PANDEMIC RELIEF LOANS with fewer than 20 employees

Information you can use > Starting Wednesday, small businesses with fewer than 20 employees will have a two-week exclusive window to apply for the funding
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Biden is changing PPP rules. For 2 weeks, only businesses with fewer than 20 employees can claim pandemic relief loans.

Kate Duffy and Reutersin 3 hours
Business Insider | 2021-02-22
  • Biden is changing PPP rules so that only businesses with fewer than 20 employees can claim loans.
  • The restriction will last two weeks from Wednesday.
  • The president is expected to formally announce the changes on Monday.
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