Congress approved a new round of funding for the Paycheck Protection Program, but the rules for borrowing and using the money have changed. Is your practice eligible?
The original $660-billion Paycheck Protection Program was a financial lifeline for many small businesses, including medical practices, during the early months of the COVID pandemic. Congress revived the program in January, and once again doctors stand to benefit. Andrew Altfest, MBA, president of Altfest Personal Wealth Management; and Ryan Graham, CFA, explain the details of the new PPP and how it can help your practice.