Rob Philion, Managing PartnerJun 4, 20201 min read4 Great Changes to PPP!4 great changes to PPP! 1) 8 week timeframe now 24 weeks! 2) No penalties for employees not returning to work due to unemployment comp! 3) 75% payroll expense requirement now 60%! 4) 2 year loan term now 5 years!
4 great changes to PPP! 1) 8 week timeframe now 24 weeks! 2) No penalties for employees not returning to work due to unemployment comp! 3) 75% payroll expense requirement now 60%! 4) 2 year loan term now 5 years!
73% of small businesses have grown in past year despite more than half reporting labor challenges, U.S. Bank report reveals