Small Businesses Can Benefit from SBA's Changes to the PPP Lending Program

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NEW JERSEY -- The newly issued guidelines on Paycheck Protection Program (PPP) lending overseen by the SBA and the U.S. Treasury Department will better target New Jersey's small businesses, especially those owned by minorities or located in low income areas.

The Economic Aid Act makes it possible for hard-hit businesses to get second loans from the PPP lending initiative. It also places restrictions on the types of companies that can obtain PPP loans. For instance, limitations have bee...Read More