City of Greenville issued the following announcement on Feb. 25.
President Joe Biden on Monday announced changes to the Paycheck Protection Program (PPP) aimed at providing more federal pandemic assistance to the nation’s smallest businesses. Among the policy changes, the Small Business Administration (SBA) is opening an exclusive 14-day period, from February 24 through March 9, when only businesses with fewer than 20 employees can apply for forgivable PPP loans. The exclusive application window is one of several moves the White House is making to further target the PPP to the smallest businesses, including sole proprietors, independent contractors, and self-employed individuals.
Original source can be found here.
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