Application period opens for federal disaster loans. Buffalo's SBA office chief has two pieces of advice

Application period opens for federal disaster loans. Buffalo's SBA office chief has two pieces of advice

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Business owners: Are you interested in the Paycheck Protection Program? The application process opens today for the PPP – the federal government's keystone initiative in supporting small- and mid-sized businesses through the coronavirus pandemic. The PPP carved out $349 billion in forgivable loans for U.S. companies with 500 employees or less, with the goal of supporting payroll and overhead for eight weeks. But uncertainty surrounds the program. Several local bankers told Business First they…

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