The Economic Aid Act opened the door for another round of Paycheck Protection Program (PPP) loans but made significant changes to who can receive them this time around.
Before you apply for a second draw PPP loan, let our Emergency Loan Consulting and industry professionals help you determine if your business meets the revenue reduction, employee headcount and other eligibility requirements.
This special session of our Road to Relief webinar series, covered topics including:
- New SBA guidance and application form for second draw loans
- Calculating revenue reduction and employee headcounts
- Specific eligibility considerations by industry type, including Construction, Manufacturing & Distribution and more
- Determining a nonprofit organization’s gross receipts and eligibility