As described in our previous Alert, the appropriations act signed on December 27, 2020, revived the original Paycheck Protection Program, with some changes (now referred to as a “first draw” loan) and ...
The Paycheck Protection Program (PPP) enacted by Congress last year helped many businesses weather the initial economic impact of the COVID-19 pandemic. In December, Congress passed legislation for a ...
On January 6, 2021, the Small Business Association ("SBA") and the Treasury Department released interim final rules for the Paycheck Protection Program (“PPP”) Second Draw Program, which was created ...
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