The senate approved changes to PPP loan forgiveness eligibility - Business Insider

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The senate approved changes to PPP loan forgiveness eligibility - Business Insider
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The senate just approved changes to PPP that would give businesses more flexibility when using loans and qualifying for forgiveness

alike, the program has doled out $550 billion, with $120 billion remaining left to be claimed.

The new bill extends the time businesses have to use loan funds from eight weeks to 24 weeks, and reduces the amount that businesses areIt also extends the time businesses have to rehire workers, use the funds to pay them, andWith many businesses currently shut down or operating under capacity, the extended timeline increases the hope many have of

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