What Hospitality Companies and Restaurant Owners Need to Know about Round Two of the PPP

Some good news for Restaurants and Hospitality This new round of PPP will prevent public companies like Taco Bell from being eligible. The rules will direct funding toward smaller businesses whose revenues have taken serious hits during the pandemic. The bill also carves out about $90 billion for first-time loan recipients, smaller-scale borrowers, and community…

Apply for a Paycheck Protection Program Loan

LeaseQ can help you apply for the second round of PPP funding, available whether you received a first round loan or not. Get up to 2.5x your monthly payroll (up to $10M) as a loan that may be eligible for full forgiveness. The Paycheck Protection Program is back. PPP’s federally guaranteed loans are intended to…