Paycheck Protection Loans Now Available

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.   

Dan R
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