Read the article on Politico
Estimated reading time: 0 minutes, 19 seconds
Paycheck Protection Program Flounders
"Forgiveness"
According to Politico, the Payroll Protection Program is running into problems as the program struggles to convert the loans into grants that can be forgiven.
When the government pledged to give small businesses billions of dollars in rescue loans during the pandemic, it was an offer almost too good to refuse: The loans could be forgiven if employers only maintained payroll
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