Treasury Department Releases Application Form and Fact Sheet for Forgivable Small Businesses Loans
The newly enacted Paycheck Protection Program included in the most recent COVID-19 relief package authorizes $349 billion in forgivable loans to small businesses to cover payroll, rent/mortgage and utilities.
Small businesses and sole proprietorships can apply starting on April, 3, 2020. The application form can be found here.
For more details about the program, access the accompanying fact sheet from the Treasury Department.
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