SBA Updated PPP Application Guidelines

April 6, 2021
SBA Updated PPP Application Guidelines

The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PPP loan forgiveness.
SBA is currently offering PPP loans until May 31, 2021. President Biden announced program changes to make access to PPP loans more equitable.
  1. Find a lender:
  2. Identify a loan:
    •  First Draw PPP loans: If you have not received a PPP loan before, First Draw PPP loans are available to you.
    • Second Draw PPP loans: If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP loan.
<< Return to April 2021 Bullseye Newsletter

;