{"id":1080,"date":"2021-02-26T16:27:13","date_gmt":"2021-02-26T16:27:13","guid":{"rendered":"https:\/\/nevadabenefits.com\/?p=1080"},"modified":"2021-10-21T14:32:14","modified_gmt":"2021-10-21T21:32:14","slug":"biden-updates-the-ppp-loans-to-help-smallest-of-small-businesses-20-employees-or-fewer","status":"publish","type":"post","link":"https:\/\/nevadabenefits.com\/es\/biden-updates-the-ppp-loans-to-help-smallest-of-small-businesses-20-employees-or-fewer\/","title":{"rendered":"Biden Updates the PPP Loans to Help Smallest of Small Businesses (20 employees or fewer)"},"content":{"rendered":"<h5 class=\"x_MsoNormal\"><strong>President Biden updates the Payroll Protection Program Loans this week with a big focus on helping the smallest of businesses with 20 or fewer employees.<\/strong><\/h5>\n<p>Here&#8217;s a quick summary of the changes:<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Institute a 14-day period, Wednesday February 24<sup>el<\/sup>, during which only businesses with fewer than 20 employees can apply for relief through the PPP<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Revise the loan calculation formula for sole proprietors, independent contractors, and self-employed individuals<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Eliminate an exclusionary restriction that prevents small business owners with prior non-fraud felony convictions from obtaining relief<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Eliminate an exclusionary restriction that prevents small business owners who are delinquent on their federal student loans from obtaining relief<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Ensure access for non-citizen small business owners who are lawful U.S. residents to get relief<\/p>\n<p class=\"x_MsoNormal\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Improved Loan Application to promote transparency<\/p>\n<p class=\"x_MsoNormal\">To get more information on small business guidance and loan resources, please head over to the <a href=\"https:\/\/www.sba.gov\/\" target=\"_blank\" rel=\"noopener\">SBA<\/a>.<\/p>\n<p class=\"x_MsoNormal\">If you have any questions please feel free to reach out to us at Nevada Benefits at (702) 258-1995.<\/p>","protected":false},"excerpt":{"rendered":"<p>President Biden updates the Payroll Protection Program Loans this week with a big focus on helping the smallest of businesses with 20 or fewer employees. Here&#8217;s a quick summary of the changes: \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Institute a 14-day period, Wednesday February 24th, during which only businesses with fewer than 20 employees can apply for relief through the [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1,24,25],"tags":[],"class_list":["post-1080","post","type-post","status-publish","format-standard","hentry","category-general","category-link","category-news"],"_links":{"self":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts\/1080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/comments?post=1080"}],"version-history":[{"count":0,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts\/1080\/revisions"}],"wp:attachment":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/media?parent=1080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/categories?post=1080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/tags?post=1080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}