The
Paycheck Protection Program: Round Two
By all indications Congress with at
some point this week, and perhaps as soon as tomorrow, approve additional
funding for the Paycheck Protection Program. The original appropriation of $349
million was exhausted last Thursday; according to press reports the phase two
appropriation will be $310 million.
HERE IS A LINK to some of my thoughts on
what companies still seeking a PPP loan should be doing today, even before the new appropriation is approved.
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