PPP exclusive to SmallBiz with fewer than 20 employees
Vermont Business Magazine In order to reach the smallest businesses, SBA is solely offering Paycheck Protection Program loans to businesses with fewer than 20 employees and sole proprietors from February 24 to March 10. Already, between the 2020 and 2021 PPP financing, almost 17,000 Vermont businesses have received nearly $1.6 billion in loans and grants. The Paycheck Protection Program provides forgivable loans to help businesses keep their workforce employed during the COVID-19 crisis, including the owner which can be an employer with employees or a self-employed business owner without employees.