Paycheck Protection Program to launch next week, reports say
Paycheck Protection Program to launch next week, reports say
Reading Time: < 1 minute(Last Updated On: March 31, 2020)
Under the CARES Act, $350 billion is designated for a new Paycheck Protection Program. The new SBA-led program is designed to help businesses retain employees and cover operating expenses. Applications have yet to open – reports say possibly early next week. Stay tuned for updates.
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