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May 19, 2020

Businesses with PPP loans have a new application for getting forgiveness

Housing starts in April fell by more than expected last month, a 30% drop. President Trump’s threat to the WHO. Home improvement sales hold steady. The complicated rules that businesses with PPP loans have to follow to get them forgiven.

New Treasury guidelines mean businesses can bring back fewer employees and still meet the loan forgiveness requirements. — New Treasury guidelines mean businesses can bring back fewer employees and still meet the loan forgiveness requirements.
Scott Olson/Getty Images

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Segments From This Episode

Trump threatens to end WHO funding over “repeated missteps” in COVID-19 response
by David Brancaccio, Victoria Craig and Alex Schroeder
Doug Mills - Pool/Getty Images
Trump has accused the WHO of lacking independence from China based on a review his administration has carried out.
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Home improvement sales are holding steady despite the overall retail slump
by Kristin Schwab
Ming Yeung/Getty Images
As people spend more time at home because of COVID-19, they are thinking about how they can improve those spaces.
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Treasury offers new guidance on PPP loan forgiveness
by Justin Ho
Joe Raedle/Getty Images
The new application form for the forgiveness program offers some clarification on significant points.
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Music from the episode

The Team

Businesses with PPP loans have a new application for getting forgiveness