SBA, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program (PPP) for First Draw and Second Draw PPP Loans in January of 2021.
On December 27, 2020, a $900 billion COVID-19 aid package was signed into law as part of the larger omnibus bill funding the federal government. This bill includes $284 billion in new funding for the Paycheck Protection Program (PPP), the federal loan program established to support businesses impacted by this lengthy pandemic.
Now that Congress has reopened the application window for small business owners and entrepreneurs in 2021 to apply for the #PaycheckProtectionProgram, what does that mean and and how do you get one? The deadline to apply for the PPP is