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New and returning borrowers consider round 2 of PPP loans - Vimarsana News

New and returning borrowers consider round 2 of PPP loans

Feb 11, 2021 Lyons Gate Group owner Jose Williams received a $16,000 Paycheck Protection Program loan last year and has applied again under the current round of PPP funding.There’s federal money up for grabs again for pandemic-hit owner-operators and small fleets, with about seven weeks left to apply. The process for effectively turning a Paycheck Protection Program loan into a grant has been simplified since the first time it was offered, and in other ways the program is less restrictive than in PPP’s first round. One drawback, however, is a hurdle for businesses looking to get a secon...