Mike Huff and Jennifer Puplava participated in a webcast to explain relief options for small businesses during the COVID-19 crisis. Mike and Jennifer explained the Paycheck Protection Program and also the recently approved additional funds for the program. Mike urged small businesses to apply immediately for the relief provided by the Paycheck Protection Program, as the initial funding was depleted quickly. He also explained the qualifications to be eligible for the Paycheck Protection Program. Jennifer and Mike also advised small business owners to talk to their attorneys, accountants and bankers. $60 million of the recently approved funds was allocated to smaller banks and credit unions to assist small businesses that work with these types of financial institutions.
- News & Info
April 23 2020