SBA Paycheck Protection Loan Program
Updates to the PPP
At the end of last year, Congress authorized additional funds for the Paycheck Protection Program and made important changes to the small business relief program. Starting January 19th, SBA will accept applications via all participating PPP lenders.
In the coming weeks, the SBA is expected to open an application window for:
Resources for updated PPP:
Overview of PPP First Draw Loans for businesses with no prior PPP loans
Overview of PPP Second Draw Loans for qualified businesses seeking a second PPP loan
If you have additional questions, my staff will help get you answer. Contact my nearest office here.
For more information about SBA loan programs, please visit the Small Business Administration website.