Viewpoint: PPP rules for sole proprietors, others need a rework

Viewpoint: PPP rules for sole proprietors, others need a rework

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Finally, we are now seeing lenders opening up their portals for businesses to apply for the second round of the Paycheck Protection Program designed to cover payroll, utilities and a few other costs for the next several weeks. After making available some $523 billion in forgivable loans to 5 million companies during the first round, officials at the U.S. Small Business Administration and the Treasury are now asking lenders from all across the country to distribute an additional $285 billion to businesses…

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