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Exponential News

ExIM Team


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Paycheck Protection

May 18, 2020 11:58:20 AM / by ExIM Team posted in Investor Letters

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The Coronavirus Aid, Relief and Economic Security (CARES) act included a $349 billion loan program called the Paycheck Protection Program (PPP) as a lifeline for small businesses desperate for cash during the COVID-19 pandemic lockdown. We believe that a payroll tax holiday is a better solution to ensure that Small Medium Enterprises (SMEs) receive the economic support that they need.

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