A new wave of emergency assistance for small businesses may be on the way under the COVID-19 relief measure passed by Congress this week. Businesses seeking a forgivable loan will have to show that their revenue declined in at least one quarter by 25 percent or more. That could lead to a more evenhanded distribution of money, according to Anna Dodson, a Boston-based Debt Finance and Financial Restructuring partner at Goodwin who has worked extensively with PPP applicants. Read The Boston Globe article here.
In The Press December 23, 2020