Bristol leaders encourage small businesses to take advantage of Paycheck Protection Program

Published on Tuesday, 23 February 2021 13:10
Written by SUSAN CORICA

@coricaBP

BRISTOL - Mayor Ellen Zoppo-Sassu and Justin Malley, the city’s executive director of economic and community development, are encouraging local small businesses to take advantage of newly revised Paycheck Protection Program qualifications.

“On Monday, the White House announced targeted changes to the Paycheck Protection Program that will provide minority-owned businesses, ‘mom-and-pop’ businesses, and very small nonprofits access to support they need,” Zoppo-Sassu said. “We want to ensure all eligible Bristol businesses make application.”

There will be a two-week exclusive window where businesses and nonprofits with less than 20 employees can apply for PPP loans. This window will begin on Feb. 24

“We encourage people to talk to their business advisors and accountants quickly,” Malley said. “Unless the federal government extends the deadline, the PPP will expire on March 31, 2021.”

For more information, visit the Small Business Administration website at sba.gov.

Susan Corica can be reached at 860-973-1802 or scorica@bristolpress.com.



Posted in The Bristol Press, Bristol on Tuesday, 23 February 2021 13:10. Updated: Tuesday, 23 February 2021 13:13.