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President Biden is opening a new round of the Paycheck Protection Program, available from February 24 to March 31 with the first two weeks being open to businesses and non-profits with fewer than 20 employees. These funds can be used for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations. Important details for this new round include:
Please see these links for more information on this new round of PPP loans: