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Paycheck Protection Program reopened

by katskill
January 12, 2021
in News Wire
0
Saugerties village tax payments coming in on time

The U.S. Small Business Administration this week re-opened Paycheck Protection Program for new and certain existing borrowers, following the passage of the most recent Covid-19 relief legislation. The program provides low-interest loans which will be forgiven if businesses meet criteria requiring them to keep most employees on the payroll.

According to a statement from Congressman Antonio Delgado (D-Rhinebeck), the program has helped over 9,100 small businesses retain approximately 73,000 employees in New York’s 19th Congressional District.

Business owners who are looking for more information on the program or have questions on how to apply should visit the SBA website here. Businesses can find contact information for local SBA representatives here.

Join the family! Grab a free month of HV1 from the folks who have brought you substantive local news since 1972. We made it 50 years thanks to support from readers like you. Help us keep real journalism alive.
- Geddy Sveikauskas, Publisher
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