Key Points: Small businesses are starting to receive approval on their Paycheck Protection Program loans. The program is intended to enable rehiring of furloughed workers. Some businesses are using the funds immediately to rehire workers while others are evaluating other options. As businesses start to receive approval on their Paycheck Protection Program (PPP) loans, decisions will need to be made about furloughing or rehiring employees, depending on the business’s needs. The PPP’s Intent The Small…
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