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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

This money is administered by the SBA (small business administration) and is obtained through an approved bank who reviews your application. If you do massive layoffs (RIFs) you can assume that you will need to repay your loan since the intent of the loan is to protect jobs. The goal of the program is in the name?—?payroll

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Entrepreneurship Is A Compulsion, Not A Choice

InfoChachkie

Such mini-ventures, as described in Small Ideas, Big Benefits , will not only educate you, but will reduce your risk when you exit the Herd. In your own startup, you might experience lean times, but you never will be crushed in a stampede, like a middle-manager in a corporate layoff. In your startup, you control your destiny.

Startup 243