PPP Update From Lendio CEO Brock Blake
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PPP Update From Lendio CEO Brock Blake
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About this listen
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Lendio's CEO, Brock Blake, gives an update on this new round of Paycheck Protection Program (PPP).
The latest round of PPP comes with bolstered support for the businesses that need it most, including:
- The ability to receive a 2nd PPP loan for borrowers who previously received a loan.
- Funding specifically earmarked for performance venues and BIPOC-owned businesses.
- Provisions to help ensure that the smallest businesses can secure these essential loans.
- Better support for hard-hit industries like restaurants.
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