[Infographic] PPP Loans – A Significant, but Temporary Fix for Small Businesses Published January 14, 2021

In 2020, Congress initiated the PPP loan program to provide economic relief to small businesses due to the pandemic fallout. As predicted, this program provided short-lived positive effects on small businesses and created additional blind spots for commercial lenders trying to assess the financial health of a small business.

Now that another round of PPP is underway in January, 2021, it is important to understand the impact a business with a PPP loan can have on your credit decisions and how you can measure that impact.

See our infographic below for more information.

Download Infographic

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Posted By: David Bohrman

Dave Bohrman is Vice President of Strategic Intelligence at Cogency Global. Prior to this role, he served as VP of Marketing at Tax Guard, a Cogency Global company. He has more than 25 years of experience across strategy, marketing, operations, and business development in both high-growth and established companies. Prior to Tax Guard, David served as Director of Marketing for one of the largest tax consulting firms in the country. He holds a B.A. in English and Philosophy from the University of Vermont.