Coronavirus: What the Stimulus Package Means For Salon Owners

Salon Owners: What the Stimulus Package Means For You! With the federal government extending social distancing guidelines until April 30, financial stress is on everyone’s mind. To help cash-strapped small businesses, the recently-passed stimulus package has boosted small business loans and provided emergency grants. So what exactly does this mean for salon owners? Keep reading because we’re breaking it down for you!   Editor’s Note: As of Friday, June 5, 2020 new legislation was passed that brings beneficial changes to the existing Payroll Protection Program. Here are some important takeaways: Small business owners may now use 60% of PPP funds to (more…)