New PPP requirements are hurting some small businesses – Marketplace

New PPP requirements are hurting some small businesses – Marketplace

The second spherical of the Paycheck Safety Program began a couple of month in the past. It’s supposed to assist small companies survive the COVID-19 pandemic, however this spherical has stricter eligibility necessities, together with that companies can solely apply if income dropped by a minimum of 25%. On immediately’s present: These restrictions are barring some small companies that might actually use the help. Plus, what the bond market is signaling about restoration, an replace on the vaccine provide chain and the way small…