Coronavirus loan program delayed for independent contractors and self-employed workers

Carlina Teteris

Business owners have been eagerly anticipating a $349 billion loan program meant to cushion the economic blow of the coronavirus pandemic.

Some will have to wait a little longer.

The Paycheck Protection Program, which officially opened for borrowers Friday morning, provides up to $10 million in forgivable loans to small businesses with 500 or fewer employees.

It is one of…

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