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Monday, 02/22/2021 12:20:26 PM

Monday, February 22, 2021 12:20:26 PM

Post# of 5584
From Rhett just now on twitter:


Rhett Doolittle
@RhettDoo
·
12m

"It looks like our efforts to help small businesses get funded is being supported by Biden. Breaking news about PPP this morning!"

https://www.cnn.com/2021/02/22/politics/ppp-loans-biden-administration-small-businesses/index.html

Biden administration changes PPP rules to help reach the smallest businesses
katie lobosco circle cut

By Katie Lobosco, CNN
Updated 9:44 AM ET, Mon February 22, 2021

(CNN)The Biden administration announced several changes Monday to the Paycheck Protection Program in an effort to reach minority-owned and very small businesses that may have previously missed out on accessing loans to help weather the coronavirus pandemic.
Starting Wednesday, small businesses with fewer than 20 employees will have a two-week exclusive window to apply for the funding. Bigger businesses will be blocked during that time period.


Maybe the reason for the move this morning.
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