from Hacker News

The smallest businesses are getting extra PPP help

by bandrade on 2/23/21, 4:57 PM with 1 comments

  • by bandrade on 2/23/21, 4:57 PM

    The two key changes are 1) They are now calculating the loan amount off of Sch C gross revenue rather than profit. 2) For businesses with fewer than 20 employees, there's a two week period starting tomorrow where their loan apps are prioritized.