SBA

@SBAgov ↗

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Last Checked Jan. 24, 2021

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Fri Jan 08 15:08:04 +0000 2021

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SBA @SBAgov

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284B toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan. — PolitiTweet.org

Posted Jan. 8, 2021

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SBA @SBAgov

To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. — PolitiTweet.org

Posted Jan. 8, 2021

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SBA @SBAgov

Key updates include: • Borrowers can set their loan covered period to be any length between 8 & 24 weeks to best meet their needs • Loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, & worker protection expenditures — PolitiTweet.org

Posted Jan. 8, 2021