Businesses with an initial PPP loan can still apply for a second loan. They must use their entire initial advance. Similarly, they must have fewer than 300 employees. Also, they must demonstrate a revenue decrease of 25%
Tag Archives: PPP Loan
COVID-19 Small Business Resources, Small Business Tips
Now That the Small Business PPP Loan Is Over, What Are My Financial Options?
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Oct
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The small business PPP loan is a hot topic right now among borrowers who are facing financial distress due to COVID. Since the Small Business Administration opened their online form for the Paycheck Protection Program loan a couple of months ago, it has been flooded with applicants seeking financial relief. The Small Business […]