SBA re-opens Paycheck Protection Program loan portal

摘要

The U.S.Small Business Administration(SBA)fully re-opened the Paycheck Protection Program loan portal on Tuesday,Jan.19,2021.The Paycheck Protection Program(PPP)provides loans to help businesses keep their workforce employed during the Coronavirus(COVID-19)crisis.SBA is currently offering: 1.First Draw PPP Loans for first time program participants and Second Draw PPP Loans for certain businesses who have previously received a PPP loan.The Second Draw PPP loans will have the same general loan terms as their First Draw PPP Loan