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The Paycheck Protection Program (PPP) has opened a window that is welcome by many who were shut out previously. Until March 10, only sole proprietors and businesses and nonprofits with fewer than 20 employees can apply.
And, says the Small Business Administration, availability will expand to some excluded from earlier forgivable PPP loans, such as those delinquent with student loans. Note: PPP will expire March 31. Information: www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.