New federal PPP money soon to be available to Utah’s small businesses

New federal PPP money soon to be available to Utah’s small businesses

SALT LAKE City — Last 12 months, when the COVID-19 outbreak to begin with struck, Marci Rasmussen’s downtown floral shop was one particular all those firms that felt the immediate impact.

“I straight away laid most people off,” she explained. That intended all but a single of her 15 personnel.

Surviving the coronavirus pandemic as a small business has been especially complicated. For these that ended up able to make it, that survival did not come with out a whole lot of angst and at the very least a bit of enable.

For longtime Salt Lake business enterprise operator Rasmussen and many others, that good luck came in the variety of the Paycheck Security Application that was part of the federal governing administration pandemic reduction package deal very last yr. Now, quite a few of those very same enterprise proprietors are hoping to obtain a couple additional of those people federal bucks accepted in another help bill passed in December to continue to keep their enterprises going a little whilst longer as the COVID-19 outbreak carries on to wreak fiscal havoc through the state and the country.

Starting this week,…

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  • According to the source New federal PPP money soon to be available to Utah’s small businesses
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