SBA Now Offering PPP Loans to Sole Proprietors & Businesses with Less than 20 Employees
Since the COVID-19 pandemic hit, the U.S. Small Business Administration (SBA) has offered several different relief options to help businesses, nonprofits, and faith-based organizations recover from the impacts of COVID-19. However, despite this, and as reported previously by the Norwood News, the agency had not managed to reach the smallest businesses which have often suffered the brunt of the economic fallout from the pandemic. That has now changed and the SBA is now offering Paycheck Protection Program (PPP) loans to both sole proprietors and businesses with less than 20 employees with effect from Wednesday, Feb. 24 through Wednesday, March
