Smaller businesses owned by women and people of color often lack the banking relationships that larger companies have.
Businesses can only apply for the latest round of loans if their revenue fell 25% or more.
Three-quarters of the money Washington set aside hasn't been touched. Some point to new restrictions on which businesses qualify.
Bankers say the process is running a lot more smoothly this time, in part because they have a better sense of what to expect.
These small convenience stores are often focal points for neighborhoods, and not only for the food and other supplies they sell.
A Black-owned bank CEO in South Carolina says the new PPP applicants he's seen are businesses owned by women and people of color.
Loan money can be used to cover more expenses this time around — not just payroll, but also to buy supplies.
This new round of PPP will only be available to companies with fewer than 300 employees.
Some previous applicants say they're weighing past experiences, as they decide whether to apply again.
As the year draws to a close, small business owners are starting to figure out their tax liabilities for 2020. That's complicated for businesses that got Paycheck Protection Program loans.