furniture, machinery or equipment. However, you’re not allowed to pay down debts or put the money toward purchasing real estate. This program is best for smaller businesses operating in the community, like childcare centers, but the eligibility rules are entirely set by the local SBA lending ...
The formula used to calculate PPP loans was revised to allow sole proprietors, independent contractors, and self-employed individuals toreceive more financial support. Eligibility rules were changed to let small business owners with non-fraud-related felonies receive PPP loans as long as the applicant...