Loan program ends, hard-hit businesses hope for 2nd chance

Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close.

Companies still struggling with sharply reduced revenue are wondering if Congress will give them a second chance at the Paycheck Protection Program (PPP), which ended Saturday after giving out 5.1 million loans worth $523 billion.

While the program that began April 3 has gotten mixed reviews, business owners still need help as the virus continues to spread and hamstring the economy.

Read the full article in the Aug. 20 issue of the Navarre Press.

 

 

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