JD Supra

Paycheck Protection Program Second Draw Opens For Small Healthcare Service Providers

Signed into law on December 27, 2020, The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act creates a second opportunity for businesses that have utilized the full amount of their ...
The Business Journals

Revisiting the Paycheck Protection Program: A look at the improvements and other changes in the second round of the Paycheck Protection Program

The Paycheck Protection Program (PPP) enacted by Congress last year helped many businesses weather the initial economic impact of the COVID-19 pandemic. In December, Congress passed legislation for a ...
JD Supra

Paycheck Protection Program: SBA Issues Guidance on First Draw and Second Draw PPP Loans and Releases PPP Applications Pursuant to the Economic Aid Act

On January 6, 2020, the SBA published its 26 th Interim Final Rule (the First Draw PPP IFR) and 27 th Interim Final Rule (the Second Draw PPP IFR)[1] with respect to the Paycheck Protection Program ...
MassLive

New stimulus package creates $285 billion in relief for businesses: Everything you need to know about second draw Paycheck Protection Program loans

Nearly eight months after the federal government launched a second round of Paycheck Protection Program Loans, the new $900 billion stimulus package will include relief for businesses. The bill ...
The Columbian

Businesses, lenders in Clark County days away from ‘second draw’ of Paycheck Protection Program loans

Local banks are preparing for the full-scale rollout of a new round of Paycheck Protection Program loans this week, which will deliver a fresh round of cash to beleaguered Clark County businesses. The ...
MassLive

Here’s how small businesses can apply for forgivable Second Draw Paycheck Protection Program loans beginning Jan. 13

Businesses that already received Paycheck Protection Program loans can reapply for more forgivable funds beginning Wednesday. The Second Draw PPP loans was made possible by the new $900 billion ...