On Wednesday the SBA will accept Apps for forgivable PPP Loans for only firms w/ 20or Less employees
For my small business owners especially Black Business Owners the Biden administration officials said that for two weeks starting on Wednesday, the Small Business Administration would accept applications for forgivable Paycheck Protection Program loans from only firms with fewer than 20 employees, to ensure that they are not crowded out by larger firms.
Also listen to the commentary from Roland Martin Unfiltered conversation with Robert James, Chairman of the National Bankers Association and Ron Busby, President/CEO of the U.S. Black Chambers, Inc. about the rule changes and how black businesses can be helped by black owned banks outside your state.
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