22 minutes | Jan 18th 2021

PPP update and guidance following the second round of PPP funding

Round two of the Paycheck Protection Program (PPP), also referred to as PPP2, was renewed as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The $900 billion relief package includes $284 billion towards the new round of PPP loans, providing more avenues of relief for small businesses. Find out if you are eligible for funding, learn the acceptable uses for PPP funding and understand the parameters for forgiveness and tax deductions.
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