Round 2 of PPP Loan applications are here!!
If you’re a small business that existed prior to COVID-19 and has decreased revenues because of this pandemic, your business is eligible to apply for funds.
Another question we’ve gotten is, can I apply for Round 2 if I received Round 1? The answer is YES!
Although, the application tool opening today is for businesses that DID NOT receive funds during round 1, on January 13th (Wednesday) the application will open for those looking to receive a Second Draw of PPP funds.
The difference with the second round is that you must be able to show that your business had at least a 25% decrease in revenue as a direct result of the pandemic. If you’re reading this and still wondering if you qualify, do yourself a favor and schedule a FREE 15-minute consultation HERE.
Small Business Administration:
Accessing Capital for Minority, Underserved, Veteran and Women-Owned Business: