SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program ...Middle East

Washington, DC… Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in making major improvements to the program’s implementation: For businesses with fewer than ten employees, the share of funding is up nearly 60% For businesses in rural communities, the share of funding is up nearly 30% The share of funding distributed through Community Development Financial Institutions and M

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SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program ...Middle East

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