Haven't Applied for a PPP Loan? Why Not?
Update on the PPP (Paycheck Protect Program). I know there are a lot of small businesses out there that have yet to apply for a PPP Forgivable Loan. How do I know this, because I've talked to a bunch of you. Maybe you thought you didn't qualify for a PPP loan because you're self employed and you don't have any employees or maybe you thought the fund was totally out of money because of the rush to get these funds to help survive this current economic crisis. Did you know there is currently 130 billion dollars in the PPP loan fund that is yet to be applied for or granted? if you're a small business with less than 500 employees, an independent contractor, self employed, or even have no employees at all. You may qualify for a PPP loan that could potentially be partially or fully forgiven . . .
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