PPP: round 2 changes geared towards small businesses
Since the pandemic began, local economies and neighborhoods have seen devastating challenges as businesses struggle to remain open or adjust to this new environment. The hospitality industry took the worst hit, with the number of open businesses decreased to 54.6% and a 64% decrease in revenue for small businesses in the industry. In Boston Chinatown, Relationship Manager at Citizens Bank, Herb Wong said, “I know a lot of business owners, they are struggling. They asked me, ‘Hey should we close […]