Lawmakers reach deal to provide additional fund to Paycheck Protection Program

Payroll Protection Program receives additional funds to help small business hurt by Cornavirus.
Federal government provides additional funds to COVID-19 relief programs.

Lawmakers in Washington D.C. reach deal to provide additional funds to the popular Payroll Protection Program (better known as “PPP”) after the program ran out of initial funding late last week. While there is a possibility of changes to any part of the program, businesses hoping to receive the forgivable loans should work with their bank to file an application ASAP.

Contact P. Christopher Wegner, Managing Attorney, Wegner Law PLLC, at 239.449.9200 or cwegner@wegnerlawfirm.com for more information.