By Ruby Bugarin, co-owner of Margarita’s in Pasadena and Pepe’s Mexican Restaurant in Montrose. Like most Americans, I breathed a deep sigh of relief when Congress agreed to a COVID emergency relief bill sending desperately needed help across our country — from families who are suffering terribly to businesses essential to our daily lives. But…
Business
SBA and Treasury Announce PPP Reopening, New Guidance Issued
Originally posted Jan. 8 at 8:15 a.m. / Updated Jan. 8 at 9:20 a.m. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only…