NJ Spotlight News

Small Business Administration forgives 1.1 million PPP loans

Clip: 01/13/2021 | 2m 21s | Video has closed captioning.

Many businesses that received PPP loans from the federal government won’t have to repay any of the money. The Small Business Administration says it has forgiven 1.1 million loans for a total of $100 billion. In New Jersey, more than 150,000 small businesses and nonprofits received forgivable loans.

Aired: 01/13/21

Rating: NR

Problems Playing Video? | Closed Captioning

NJ Spotlight News is a local public television program presented by THIRTEEN.