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Proposed PPP Loan Expansions Could Throw Small Merchants a Lifeline

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

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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