WZZM on the Second Stimulus Package

Thanks to the WZZM for talking with our own Phil Mitchell on the second stimulus package.

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“This is going to be another round of potential loan forgiveness money coming to a small business like a restaurant, and maybe give them one last chance at a lifeline,” says Mitchell. “If you’ve been in business for a hundred years and you’ve going to go under because of this, this is horrible!”

Mitchell says unlike the first COVID relief package, this bill creates more opportunity for the smallest of businesses.

“What some people found is early on in the first round of PPP money, some of the bigger ones got the money quicker and some of the smaller ones were not around to get  it, or maybe did not have a banking relationship,” says Mitchell. “So what they did is they set more money aside just for businesses with under 10 employees.”

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Read the full article HERE.

We’re happy to answer any financial questions you may have right now. Call 616-356-2002 or visit our contact page to schedule.