7 Ways PPP Loans Just Got Better
by Rodrigo Sermeño, The Kiplinger Letter
Jun 06, 2020
2 minutes
The CARES Act, which was signed into law on March 27, 2020, provided much-needed economic relief to businesses and employees affected by the COVID-19 pandemic. One of the CARES Act's key components was the Paycheck Protection Program (PPP), which offers forgivable loans to small businesses so that they can make their payrolls during the pandemic. However, the CARES Act included a number of restrictions that have hampered the effectiveness of the program.
But now there's some good news for
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