A company’s debt from a PPP loan can qualify for forgiveness if at least 60 percent of the money was used for payroll. But first, business owners have to prove that.
Even though offices were allowed to reopen at 50 percent capacity in early May, the vast majority of businesses are still offering remote work options.
The Colorado Tavern League, which represents over 200 bars and restaurants across the state, sued the state earlier this month over an order that required bars to stop selling alcohol at 10 p.m.
A majority of company managers in the Leeds Business Confidence Index anticipate sales and employment reaching pre-pandemic levels during the next 12 months.