In addition\nto those changes, government officials and lawmakers are considering giving\nbusinesses more flexibility in the grants. The government extended the loan\nspending time to 8 weeks, meaning that the loan can be taken out to cover\nbusiness costs for 2 months opposed to original shorter time frames for\nspending the approved loan amounts. However, to some businesses such as\nrestaurants, and even hair salons, these guidelines are not easy to come by.\nThese trying times have people having a hard time rehiring their employees due\nto an uncertainty in future business success and the ability of a loan to keep\nthe business afloat.<\/p>\n\n\n\n
Is your\nbusiness struggling due to coronavirus? Do you have questions about your PPP\nloan application or forgiveness? Call our office at 816-524-4949 or visit our\nwebsite at hoorfarlaw.com<\/a> to\nschedule a consultation today.<\/p>\n","protected":false},"excerpt":{"rendered":" The Treasury Department rolled out a program for small business loans, however, there has recently been minor changes to the original program. The original guidelines for the small business loans required a rehiring of staff and any additional loan amount … Continue reading