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Restaurant group presses Congress to back off certain PPP changes

from The Hill

Restaurant group presses Congress to back off certain PPP changes The Hill The National Restaurant Association is calling for Congress to back off imposing new restrictions to the Paycheck Protection Program (PPP) that would include a revenue reduction threshold in the next coronavirus relief package. The Senate Republicans' bill, released last week, included a provision that would limit the loans to businesses that have lost at least 50 percent of their revenue compared to a previous year's quarter. READ MORE

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