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Showing posts from December, 2020

PPP is Back

  PPP is Reopening. What’s Different This Time? Second small-business loans will be limited to borrowers with 300 or fewer employees who can show revenue was hurt by the pandemic Lawmakers announced a proposed Covid-19 relief bill Dec. 1, the latest version of which includes $284 billion for the Paycheck Protection Program. PHOTO:  TASOS KATOPODIS/GETTY IMAGES By  Amara Omeokwe Dec. 22, 2020 9:01 am ET SAVE PRINT TEXT Listen to this article 7 minutes 00:00 / 06:43 1x The Paycheck Protection Program is getting a reboot as part of  Congress’s latest coronavirus stimulus package . The $900 billion deal includes $284 billion for PPP, which will reopen after closing in August. Much like the program’s first iteration, the aid will be in the form of forgivable loans to small firms, but there will be some key changes on issues such as eligibility for second-time applicants and types of forgivable expenses. Here’s what we know so far. Who can apply? Businesses, some nonprofit organizations, sel

Celebrating Holidays Safely During the COVID-19 Pandemic

Do you have plans to travel during the holidays? Michelle Ferrand gives a couple ways you can be safer this holiday season during the pandemic.    PUBLISHED BY   MICHELLE FERRAND   ON   DECEMBER 3, 2020 ‘Tis the season for holiday planning. Yet, gatherings of families and friends, crowded parties and travel may put Americans at an increased risk for COVID-19. The Centers for Disease Control and Prevention (CDC) recommends that you carefully consider the spread risk of in-person holiday celebrations. Several factors contribute to COVID-19 spreading in group settings. Those include community spread of the coronavirus, event location, event duration, quantity of attendees and the locations where attendees are coming from. It’s also important to consider attendees’ behavior both prior to the gathering and during the celebration. Before a Gathering If you choose to attend an in-person event, consider the following tips prior to the gathering: Check whether the host has steps in place to pre