January 19, 2021

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New Small Business PPP Loans: How to Apply

4 min read
By Kelsey Sheehy Small businesses hit hardest by the coronavirus pandemic can soon receive a...

By Kelsey Sheehy

Small businesses hit hardest by the coronavirus pandemic can soon receive a second forgivable loan under the newly revived Paycheck Protection Program. Congress designated $137 billion for “second-draw” loans as part of a larger funding and relief package. The bill, signed into law on Dec. 27, includes a total of $284.5 billion for PPP loans.