Paycheck Protection Program Eligibility Update Set For March 18

Filed Under: More News

Join the Waltham, United Regional, and Orleans Chambers of Commerce, and the Massachusetts Small Business Development Center for a presentation from Ili Spahiu, lead lender relations specialist, with the U.S. Small Business Administration, about the Paycheck Protection Program and revisions for Schedule C Filers on Thursday, March 18, from 1 to 3 p.m.

Many sole proprietors had been effectively excluded from the PPP, especially those with very little or negative net profit. Businesses that file Schedule C have higher concentrations of ownership by members of underserved groups. An analysis by the SBA Office of Advocacy of Census data found that firms with no employees are 70 percent owned by women and minorities, compared to 40 percent for businesses with employees.

Registration is required; to register click here.


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