Posted on April 27, 2020 by jdooley
Second Round of Small Business Loans
With the passing of a second business relief package, the SBA will resume taking applications for business assistance under the Paycheck Protection Program and Economic Injury Disaster Loan Program Monday morning at 10:30.
The new package includes:
An additional $320 billion for the Paycheck Protection Program (PPP) with a greater focus on helping small businesses:
- Minimum of $30 billion in PPP will be set aside for community development financial institutions,…