US to open refueled small business aid program

Washington (AFP) – The government next week will begin taking applications for a small business aid program that received a new infusion of funds in a government spending bill approved last month, the US Treasury announced Friday. The Paycheck Protection Program (PPP) providing loans and grants to small businesses was first authorized by the massive CARES Act stimulus package passed in late March in the early days of the coronavirus pandemic, as businesses shut down nationwide to stop the virus from spreading. The government gave away $525 billion in PPP funds before a cutoff deadline in Augus…

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