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Paycheck Protection Program Loans Available For Businesses

Posted on January 14, 2021

 

The Paycheck Protection Program (PPP) has reopened, and the U.S. Small Business Administration said this new round would be easier to access for business owners in underserved and disadvantaged communities.

Gary Eisenbraun, a director of Small Business Administration Boise district office tells KIVI-TV the latest COVID-19 relief package included more than $284 billion to support small businesses.

According to SBA, PPP loans could be used in payroll costs, including benefits, paying the mortgage interest, rent, or utilities.

There are some changes to the PPP loans this time around as well that you may want to ask your bank about.

The loans will be available through March 31.

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Chris Janson VIP Pre-Party!

Join us Monday, August 22nd at the Western Idaho Fair for Chris Janson! Make sure you get there early because we’ll have a special Pre-Party for the first 75 people at the gate at 5pm catered by Costa Vida, plus your chance to upgrade your seats and win prizes from your favorite Kissin Country Artists!

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