On this Special Edition of the 614Startups Podcast, Elio interviews Henry Golatt, Development Program Coordinator with the City of Columbus and Janeen Smith-Hughes, CPA and Owner of Simplicity Accounting.
The Biden Administration announced targeted changes to the Payroll Protection Program in an attempt to get more funding to small businesses. For two weeks, only businesses with 20 employees or less will be able to apply for funding.
Henry and Janeen break down what the PPP program is, who qualifies, what the documentation requirements are, and what the impact of participating or failing to participate will mean for small businesses especially black-owned businesses.
