Posts tagged loan
Paycheck Protection Program Loans REOPENED: UPDATED 4/28/20

UPDATE: On April 16, the SBA announced that it “is unable to accept new applications”. Until Congress approves more funding, the SBA will not be able to issue new loans.

Paycheck Protection Program (PPP) is a Small Business Administration (SBA) loan that helps businesses keep their workforce employed during the COVID-19 crisis. This is part of the $2.2 trillion stimulus package Congress passed in March.

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