The Paycheck Protection Program Updates
Published on: April 27, 2020
The Paycheck Protection Program Resumes today, April 27, 2020.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was recently passed to provide emergency relief for small- to medium-sized businesses disrupted by COVID-19. The Act created the Paycheck Protection Program, which will serve as an extension of the Small Business Administration (SBA) 7(a) loan program, allowing financial institutions to provide federally-backed, forgivable loans to eligible businesses.
The Small Business Administration will resume accepting PPP loan applications on Monday, April 27 at 10:30 AM EDT from approved lenders on behalf of any eligible borrower. This will ensure that SBA has properly coded the system to account for changes made by the legislation. Read more >
SBA’s Virtual Events:
Tuesday, 4/28/20 at 1pm
Wednesday 4/29/20 at 10am
Thursday 4/30/20 at 10am
Friday, 5/1/20 at 12:30pm
Friday 5/1/20 at 12pm
Wednesday 5/6/20 at 12pm
This page has been updated on April 27, 2020
