Will the PPP loan application process be easier this year?
when he got a loan in May from the federal Paycheck Protection Program. Getting the $45,000 wasn’t easy, Cristofaro said. The website crashed 30 times as he tried to fill out the application. Then, the first round of funding ran out; federal data show much of it was scooped up by large corporations. In the meantime, business disappeared, including a $69,000 job from a major client. “I’m about to tell my employees, ‘Hey, we’re going to have to stop working,’” said Cristofaro, 56, ...
Source: latimes.com