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Proposed PPP Loan Expansions Could Throw Small Merchants a Lifeline

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on-demand Oct. 22- Jan. 2, and stay tuned for the upcoming Companion Report.

Hearing calls from businesses across the country, the Senate is considering fixes to the Paycheck Protection Program (PPP) that would give loan holders more time to spend the money they receive. The provisions of the current bill stipulate that businesses have just eight weeks to spend their loan money on payroll, rent and mortgage interest,…

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