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House Passes Bill Loosening Rules on PPP Loans

House Passes Bill Loosening Rules on PPP Loans

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FintechNews RoundupUSA
··1 min read

Yesterday the House approved a bipartisan bill that would loosen the requirements on the PPP loan program for small business; the bill reduces the level of PPP funds that must be used for payroll from 75% to 60% and it gives borrowers 24 weeks to use the proceeds up from the initial 8 weeks in the bill passed in March; the bill now goes to the Senate where those backing the bill plan to push for a vote next week. The Wall Street Journal

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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