These Strategies Can Help the Owners of the Smallest Businesses Applying for PPP Loans
Posted By American Med Spa Association, Wednesday, March 3, 2021
There is just over a week left of priority access to the Paycheck Protection Program’s (PPP's) forgivable loans for the owners of the nation’s smallest businesses.
Last Wednesday, the Small Business Administration started only accepting PPP loan applications from firms with fewer than 20 employees. This priority period is set to last two weeks before the program opens back up to the rest of the small-business community.
“Whenever there is a deadline, people feel this pressure,” said Melissa Bradley, co-founder of mentorship tech platform Ureeka, which is now helping small businesses wade through the PPP application process.
“Don’t do it blindly,” she added. “Be an opportunist but not opportunistic.”
Read more at CNBC >>
Last Wednesday, the Small Business Administration started only accepting PPP loan applications from firms with fewer than 20 employees. This priority period is set to last two weeks before the program opens back up to the rest of the small-business community.
“Whenever there is a deadline, people feel this pressure,” said Melissa Bradley, co-founder of mentorship tech platform Ureeka, which is now helping small businesses wade through the PPP application process.
“Don’t do it blindly,” she added. “Be an opportunist but not opportunistic.”
Read more at CNBC >>