Federal agencies issue new guidance as Paycheck Protection Program reopens this week
The new round of the Paycheck Protection Program (PPP) to help businesses during the coronavirus pandemic reopened today. Applications will be accepted exclusively by community financial institutions first, and then will open to all participating lenders shortly thereafter.
The U.S. Small Business Administration (SBA) and Department of the Treasury issued guidance last week for the reconstituted PPP. Read guidance here. Find applications and more information on AWB’s Covid-19 Financial resources page.