Kabbage answers questions SMBs might have about using for the latest government PPP fund.
Whenever at first produced by Congress, the PPP emergency relief fund allocated $349 billion for smaller businesses. But, in 12 days that are short those funds had been exhausted much less than 5% of AmericaвЂ™s smaller businesses were offered.
Fortunately, on April 23, Congress passed one more $310 billion to grow this program which help more smaller businesses access critical money.
We asked Sam Taussig, Head of Policy at Kabbage вЂ” a fintech that is growing assisting small enterprises access PPP funds вЂ” to respond to the questions smaller businesses might have concerning the brand new federal government funds. Continue reading SMB Loan Specialists Share What You Ought To Find Out About the government funds that are latest