Applications for latest Paycheck Protection Program open Monday to certain borrowers
Starting Monday community banks will be able to offer loans to first-time applicants. Second-draw PPP loan applications start Wednesday. Author: Rob Hackford (WGRZ), Associated Press Published: 11:38 PM EST January 8, 2021 Updated: 4:04 PM EST January 10, 2021
ORCHARD PARK, N.Y. Starting Monday small businesses struggling to pay employees during the COVID-19 pandemic can start applying for the second round of the Paycheck Protection Program.
The U.S. Small Business Administration announced Friday that the $284 billion package will be available in the form of forgivable loans to new borrowers and certain struggling firms looking to get assistance for a second time.