Friday’s Hearing Shows What May Be In Store For Future Rounds Of PPP Loans - News Summed Up

Friday’s Hearing Shows What May Be In Store For Future Rounds Of PPP Loans


GettyThe Probable Next Round of PPP Loans Based on Necessity, Minority Outreach, and Exactly What Was Said About Automatic Forgiveness for Loans Under $150,000. There was strong agreement that there should be a future round of PPP loans for businesses. Do we do a second PPP?”“As you know, at this point, there's approximately $130 billion that's still in the PPP program. The Secretary and I are still working on additional non-traditional lenders that are still applying to provide PPP loans. The Secretary and I are still working on additional non-traditional lenders that are still applying to provide PPP loans.


Source: Forbes July 18, 2020 19:41 UTC



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