The Paycheck Protection Program Second Round: How to Apply

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The Paycheck Protection Program

A Quick Recap of the First Draw of PPP Loan The unwelcomed outbreak of covid-19 has painfully hit the small businesses, dragging them on the page of financial fragility, layoffs, and complete closure of the business. In response to the myriad miseries caused by Covid-19, the U.S government presented the Coronavirus Aid, Relief, and Economic… Read more »

What is the Paycheck Protection Program?

Posted by & filed under PPP Loans.

Paycheck Protection Program

The Coronavirus Aid Relief & Economic Security (CARES) Act’s Paycheck Protection Program has made loans available to the small businesses, as part of the $2 trillion aid package unveiled in the Coronavirus Aid Relief & Economic Security, $349 billion was explicitly allotted to the Payment Protection Program (PPP). The purpose of the Paycheck Protection Program… Read more »