The Paycheck Protection Program is now accepting applications.
The new funding is available to both first-time applicants and returning applicants.
The latest round of funding will be in two draws. The first draw requires a business or non-profit to have 500 or fewer employees, while the second requires 300 or less.
As long as recipients of the loan follow forgiveness terms, this loan basically becomes a grant.
More information on the latest round of Paycheck Protection loans can be found at sba.gov.
