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SBA clarifies nonprofit hospitals are eligible for PPP loans

The U.S. Small Business Administration (SBA) recently provided clarification for how nonprofit hospitals can qualify for Paycheck Protection Program (PPP) loans The low-interest, forgivable loans are meant to be a lifeline for small businesses and nonprofits during the COVID-19 pandemic, helping them to keep their employees. In an interim final rule published on April 28, […]

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