PPP to Offer Small Businesses Exclusive Covid-19 Loan Window

Starting Wednesday, the SBA will accept PPP-loan applications from businesses with less than 20 employees.

Starting Wednesday, the SBA will accept PPP-loan applications from businesses with less than 20 employees.

Changes have been made to the coronavirus-relief program for small businesses. The Small Business Administration will accept applications for the Paycheck Protection Program exclusively from companies with fewer than 20 employees for 14 days starting Wednesday.

Applicants with fewer than 20 employees will be able to apply exclusively from 9 a.m. ET on Wednesday until 5 p.m. ET on March 9 according to an administration official.

The program overall is slated to end March 31.