Innovative Financing Solutions
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SBA Paycheck Protection Program (PPP) Round 2 Updates

 

 

 

SBA PAYCHECK PROTECTION PROGRAM (PPP) ROUND 2 UPDATES

 

 

 

The Economic Hard-Hit Small Businesses, Nonprofits, and Venues Act provides almost an additional $285 billion for a second round of PPP lending 
to small businesses impacted by COVID-19.


The presentation below provides updates on the following issues and more:

  • Which businesses are eligible and ineligible
  • Terms of the second round of PPP
  • How to calculate maximum loan amount
  • Allowable uses for PPP funds
  • Application requirements and processing
  • PPP forgiveness