Round Two of the Paycheck Protection Program
This week, round two of the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) opened for application for funding through various financial institutions approved to administer the program. This second round of funding is part of the recent federal COVID relief bill. The terms of this second round of PPP funding largely mirror the terms from the first round of PPP, which launched in the Spring of 2020. PPP funds […]