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What Biden’s PPP Changes Mean for Small Businesses

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The U.S. Treasury Department on Monday made five changes to the Paycheck Protection Program to enable minority-owned and very small businesses to access loans needed to weather the coronavirus pandemic’s economic impact. One change will allow self-employed, sole proprietors and independent contractors to qualify for more money. Previously, most were excluded or received minimum funding…

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