Your small business got a Paycheck Protection Program loan. Now what?

News Story (NATIONAL, New York)

Greg Iacurci
April 22, 2020
Read the story.

Tags: Coronavirus, COVID-19, Unemployment Insurance

Organizations mentioned/involved: Legal Services NYC (LSNYC)


Small-business owners who got a forgivable loan from the $349 billion Paycheck Protection Program must now decide what to do with their money. Some workers also have a decision to make. Those who are re-offered a job but don’t take it, may not be able to collect unemployment benefits, according to experts.  There are other potentially adverse factors to choosing to remain unemployed. Read more to find out what they are.