The first round of the Paycheck Protection Program, or PPP, was a flop for many business owners. The program is part of the CARES Act, and was supposed to help small businesses prevent laying off their employees. Now, the state of Idaho is taking matters into its own hands, using $300 million of federal money to support Idaho’s small businesses.
Joining Idaho Matters to talk more about what this means is Alejandra Cerna Rios, Director of the Idaho Center for Fiscal Policy, and Suzanne Budge, state director of the National Federation of Independent Businesses.
As COVID-19 cases spread through the U.S. and Idaho, we’re committed to keeping you updated and informed. You can get updated info on cases, closures and how to stay healthy at any time on our Coronavirus news blog.
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