Today Is The Last Day To Apply For A PPP Loan

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Today Is The Last Day To Apply For A PPP Loan
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  • 📰 Forbes
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What’s next for small businesses, and why is there still $134 billion left in the pot?

Staff for Sen. Marco Rubio have said a bipartisan task force is working on the next legislative step to provide relief to small businesses, theTechnical glitches, confusing guidelines and a bitter backlash over large public companies—like Shake Shack and Ruth’s Chris Steak House—receiving multimillion-dollar loans marred the PPP’s first weeks.

Months later, however, the PPP is considered to be a major force behind May’s surprising job gains, when the U.S. added 2.5 million jobs instead of the loss of 9 million that most experts were expecting.

during a Senate hearing on June 10. He also suggested that the next round of aid would need to be “more targeted” to specific industries.

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