Current track

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PPP Loan

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Small businesses and nonprofits may be eligible for PPP loan

February 23, 2021

Starting Wednesday, February 24, 2021 and running until March 9, 2021, the Small Business Administration (SBA) will process Paycheck Protection Program (PPP) loan applications exclusively from businesses and nonprofits with fewer than 20 employees. SBA has made some recent changes to the PPP program, which is a major step towards promoting equitable relief, supporting not […]

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Small businesses may be eligible for second PPP loan

January 28, 2021

“Second Draw PPP Loan” program created for previous borrowers seeking additional economic relief.“ According to a recent release by the Small Business Administration (SBA), over 1.1 million Paycheck Protection Program (PPP) loans were issued in 2020, worth over $100 billion in economic relief for small businesses affected by the COVID-19 pandemic. But PPP relief doesn’t […]