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WATCH: President Biden talked about small businesses

Starting Wednesday, small businesses can receive financial assistance through the Paycheck Protection Plan.
Starting Wednesday, small businesses can receive financial assistance through the Paycheck Protection Plan.

Biden delivered a speech about how small businesses will receive federal financial assistance during the COVID-19 pandemic at 12.p.m.

Starting Wednesday, businesses with fewer than 20 employees can receive financial assistance through the Paycheck Protection Program. This will last for two weeks.