Restaurants Get New Shot at Stimulus Loans as Funds Replenish With $310 Billion

  • By cvbizz
  • April 27, 2020
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A $310 billion refill of the Paycheck Protection Program signed into law on Friday and taking effect today could help more small businesses including restaurants and bars. The influx of funds comes after an initial $350 billion was depleted in under two weeks. But can new rules keep large, publicly-traded companies from tapping into this second round of PPP funds, as they did last time?

The paycheck protection program, which is administered by private banks and lenders, has been heavily

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