Washington small businesses can now apply for coronavirus loans
Many small business are struggling to keep their doors open, while complying with Governor Inslee’s orders during the COVID-19 crisis.
But starting Friday, small businesses can apply for the “Paycheck Protection Program”. It's the economic rescue plan from Congress with nearly $350 billion in loans available.
The U.S. Small Business Administration is overseeing the loan program. It is designed help small businesses to keep their workers on the payroll and ride out the coronavirus pandemic.
Any small business with less than 500 employees is eligible, including independent contractor, and self-employed people affected by COVID-19.
https://www.msn.com/en-us/money/smallbusiness/washington-small-businesses-can-now-apply-for-coronavirus-loans/ar-BB129ilg
