U.S. Rep. Hill Introducing PPP Change For Calculating Pandemic Revenue Losses

By ROBY BROCK / TALK BUSINESS & POLITICS

U.S. Rep. French Hill, R-Little Rock, announced plans on Thursday to introduce a change to the Paycheck Protection Program that he touted would help small businesses impacted by the COVID-19 pandemic.

Hill, R-Little Rock, said he was introducing the PPP Revenue Adjustment Calculation to Increase Capital Accessibility Long-Term, or the PRACTICAL Act, next week in Congress. In Arkansas, more than 14,000 businesses have received $4.6 billion through PPP funding over the course of the pandemic. Hill said it has helped save more than 375,000 Arkansas jobs.

https://www.ualrpublicradio.org/post/us-rep-hill-introducing-ppp-change-calculating-pandemic-revenue-losses

U.S. Rep. French Hill announced plans Thursday to introduce the PPP Revenue Adjustment Calculation to Increase Capital Accessibility Long-Term, or the PRACTICAL Act, next week in Congress.

CREDIT TALK BUSINESS & POLITICS

Round Two of Paycheck Protection Program Now Open to Applicants

By JACQUELINE FROELICH

The Coronavirus Response and Relief Appropriations Act of 2021, approved by Congress in late December, includes $284 billion dollars to assist small business and the self-employed, under a second round of the Paycheck Protection Program. Collaborating with the Small Business Administration, lending institution web portals in Northwest Arkansas are now open for loan applications. Mary Beth Brooks, director of the Small Business Technology Development Center at the University of Arkansas, explains the process.

https://www.kuaf.com/post/round-two-paycheck-protection-program-now-open-applicants

Mary Beth Brooks is director of the Small Business Technology Development Center at the University of Arkansas.

COURTESY / UNIVERSITY OF ARKANSAS

Second Round Of Paycheck Protection Loans Open To Arkansas Businesses

By DANIEL BREEN

Arkansas businesses can now apply for a second round of loans through the Paycheck Protection Program, or PPP.

The second set of loans from the federal program opened to businesses getting loans from lenders with under $1 billion in assets late last week, and will open for all other businesses Tuesday.

https://www.ualrpublicradio.org/post/second-round-paycheck-protection-loans-open-arkansas-businesses

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