On Monday, February 22, the Biden Administration announced additional enhancements to the PPP loan program including a 14-day window, opening this Wednesday, when only businesses with 20 or fewer employees can apply.
Please see the Small Business Administration website for more information (the report is mid-way down the page):
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
The LA Times and the NY Times also has some reporting:
- https://www.latimes.com/world-nation/story/2021-02-22/biden-boost-covid-pandemic-lending-smallest-businesses
- https://www.nytimes.com/live/2021/02/22/business/…
- https://www.nytimes.com/2021/02/22/business/paycheck-protection-program-small-business-coronavirus.html
