PPP small business aid reopens on Monday

WASHINGTON – The U.S. Small Business Administration is re-opening an aid program for small businesses hurt by the coronavirus pandemic. The Paycheck Protection Program will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, Jan. 11, and Second Draw PPP Loans on Wednesday, Jan. 13. The PPP will open to all participating lenders shortly thereafter. U … (read more)

Even before the pandemic closed up businesses in March, a lot of small business owners were too focused on their day-to-day operations to do things like set up a marketing plan, create or update a website, or modernize the accounting system. Some of them … (read more)