More Changes to the Paycheck Protection Program (PPP) Impacting Small Businesses

Everyone, I just worked with Kari Heinze, an associate with my firm, to issue a client alert on our firm’s website. Changes to the Paycheck Protection Program (the “PPP”) were announced on February 22, 2021, that specifically impact small businesses with fewer than 20 employees. Additional changes have been made to the loan amount calculation formula and eligibility restrictions which took effect on March 3, 2021. I would encourage you to read the more detailed client alert on those changes here.