Congress is considering a second round of PPP for hard-hit businesses, which probably is directed to retail, restaurant, tourism, events, etc. Based on the article (link below), this second round would be structured in the following way:

About $190 billion worth of PPP funding would be made available to business owners with 300 employees or fewer whose revenue declined by at least 50 percent as a result of the coronavirus pandemic.

About $25 billion would be set aside to assist companies with 10 employees or less.

We will post updates if this proposal goes forward.

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