Small businesses eligible for second round of loans from PPP

That includes nonprofits like the Nepperhan Community Center in Yonkers, which provides everything from food for the homeless to educational and social programs for children.

News 12 Staff

Jan 11, 2021, 11:08 PM

Updated 1,292 days ago

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Small businesses struggling through the pandemic are now eligible for the federal government's second round of loans under the Paycheck Protection Program.
That includes nonprofits like the Nepperhan Community Center in Yonkers, which provides everything from food for the homeless to educational and social programs for children.
Executive Director Jim Bostic says he applied for the first round and now he's applying for a second to help with utilities, rent and payroll.
The center relies mostly on grant money and donations, and the pandemic has just made things worse.
While many businesses apply for that second round, one business owner in Mount Kisco got a financial boost she wasn't expecting.
Chereese Jervis-Hill is the owner of Events to Remember, an event planning and public relations business that's been struggling since the pandemic canceled large-scale events.
She was about to apply for the government's second round of PPP when she got a call from Dave Portnoy, founder of Barstool Sports, who started a fund to help small businesses. He surprised her with money to help her business.


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