2/22, 11:31 AM (Source: TeleTrader)
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US to briefly provide PPP loans to small firms only - report

Only businesses with fewer than 20 employees will temporarily be able to access loans through the Paycheck Protection Program in the United States, Axios reported on Monday citing sources from the Biden administration.

Starting from February 24, only smaller companies will be able to apply for loans for the next two weeks. The decision was made to ensure these companies are not shut out of the process after similar issues appeared last spring.

The possibility to apply for the latest round of funding will be available through March.

Breaking the News / ND