ORLANDO, Fla. – Central Florida small business owners who chose small banks say they are seeing the prized Paycheck Protection Program money hitting their bank accounts this week.
President Donald Trump signed off on a second round of relief money for small businesses on Friday. The package includes a replenishment of the PPP program, a federal loan that can be forgiven for businesses to cover their payroll, rent and utilities during the COVID-19 pandemic. “The account was funded as of yesterday,” said Henry Sal, owner of CSI Software in Apopka. “I feel extremely lucky, this is incredible.” Sal was approved for six figures in federal funding, which will cover the payroll for his 35 employees.