Small businesses: This may help secure PPP loan in round 2

The House, on Thursday, passed a new federal stimulus package to offer financial relief to the small businesses hit hard by the coronavirus. This new package will replenish the Paycheck Protection Program (PPP), which was exhausted very quickly. Many small businesses which were unable to get the fundsin the first round, will want to know what they need to do this time to get this new PPP loan.PPP second round: what does it include?The new program is officially called Paycheck Protection Program and Health Care Enhancement Act. This program will allocate $310 billion in new funding for the SBA’…

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HEDGE accordingly