Michigan Small Businesses Encouraged to Apply for Second Round of PPP Funding
Small businesses who want federal money to keep paying employees can apply for the Paycheck Protection Program, and there’s a bipartisan call for businesses to take advantage of it.
Lieutenant Governor Garlin Gilchrist and former Lieutenant Governor Brian Calley say it’s much-needed support for small businesses to weather this storm.
There is now $310 billion funding the PPP’s second round.
The first round of funding quickly ran out of money.
Business owners can apply and check on the forgivable loans at their lending institution.