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What we know about the new PPP loans for small businesses

Source: kcra.com - Jan 5, 2021

SACRAMENTO, Calif. —

Small businesses struggling from the COVID-19 shutdowns are getting another round of financial help with the latest spending bill passed by Congress. Of the $900 billion approved for COVID-19 relief, $284 billion is slated for the Paycheck Protection Program, with some changes.

To qualify for this latest round of PPP funding, business owners must prove:

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Category: General Business