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News

Large Restaurants Were Supposed to Get PPP Funds

ccording to Business Insider, it was not an error that large restaurant chains got Paycheck Protection Program funding. 

As the federal government's aid to businesses affected by the coronavirus pandemic has gone out, a curious new breed of public moralizer has emerged: the wealthy businessman or their political allies angry at businesses getting money that isn't "meant for them."

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Understand the PPP Rules Before Using

Small businesses need to understand the Paycheck Protection Program’s forgivable requirement  before spending their loan, reports Entrepreneur.

Many small business owners who have been approved for Paycheck Protection Program loans (“PPP”) are realizing that the loan isn’t as forgivable as they’d hoped.

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Small Businesses Question PPP Rules

According to NPR, small business are struggling to understand the Payroll Protection Plans forgiveness clause. 

Christian Piatt finally got a loan to help rescue his brand-new bar and restaurant in Granbury, Texas.

But it wasn't easy.

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