Watch Webinar: What to Know about the New Round of PPP

YOUNGSTOWN, Ohio – Unlike the free-for-all at the initial launch of the Paycheck Protection Program last spring, the federal lending program has more strings this time around, says HD Davis managing partner Tim Petrey.

In a webinar with The Business Journal Wednesday, Petrey said businesses should carefully consider the requirement – such as a 25% reduction in gross receipts between comparable quarters or the ability to use 60% of loan money on payroll – before applying.

The full webinar can be watched on The Business Journal’s YouTube page or in the video above.

Copyright 2021 The Business Journal, Youngstown, Ohio.