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Paycheck Protection Plan

PPP

Small Businesses Get Screwed by PPP

April 8, 2020 //  by Rhonda Abrams

Disaster. Fiasco. Debacle. That’s how the rollout of the Paycheck Protection Plan (PPP) is widely described. PPP is the loan program aimed at helping small businesses and the self-employed, with loans that can be ‘forgiven’—in other words, turned into a grant.  But frankly, it’s just a mess. As part of the CARES Act, Congress allocated …

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