3/16/2024 0 Comments Paycheck protection program![]() ![]() But for the loan to be forgivable, MFF had to spend the money in two months, mostly on payroll. Because it got a PPP loan in April, it was able to rehire the 28 employees it laid off in March as the coronavirus crisis set in and its locations shuttered. Take what happened with Mark Fisher Fitness (MFF), an LGBTQ-friendly boutique fitness studio based in New York. Months after Congress created the Paycheck Protection Program (PPP) in an attempt to support small businesses during the Covid-19 pandemic, people are still confused, and even angry, over the ambitious, unprecedented experiment. ![]()
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