WASHINGTON– Lawmakers and government officials are preparing to make substantial changes to the Income Defense Program, in the middle of cooling need for government-backed loans and criticism from business owners who state they can’t tap the funds.
The modifications are most likely to include providing businesses more flexibility to invest the cash, according to lawmakers and others following the deliberations. Under the original terms, 75%of the funds were needed to be invested in worker incomes for the loans to be forgiven.
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%%.
source https://jobsearchtips.net/u-s-expected-to-revise-small-business-aid-program/
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