Trucking companies may be faring too well for obtaining more PPP funds

Companies that received funding under the Paycheck Protection Program the first time around are going to get a second shot at more money. But it’s possible that trucking companies are just making too much money to get another bite at the apple.

For companies that would be going in for PPP funding a second time after getting money in the first-round program, which was ultimately extended into August, there are restrictions. And one of them is that they need to show that their revenue has fallen by 25% in any quarter in 2020 compared to the corresponding quarter in 2019.

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