SBA

@SBAgov ↗

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Last Checked Feb. 22, 2021

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Wed Jan 27 21:25:02 +0000 2021

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SBA @SBAgov

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. More details about both First Draw and Second Draw #PaycheckProtection Program loans: — PolitiTweet.org

Posted Jan. 27, 2021

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SBA @SBAgov

Both First and Second Draw PPP loans can be used to fund payroll and benefit costs, mortgage interest, rent, utilities, worker protection costs, certain supplier costs, expenses for operations, and more. — PolitiTweet.org

Posted Jan. 27, 2021

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SBA @SBAgov

☑️PPP loans have an interest rate of 1%. ☑️Loans issued prior to June 5, 2020 have a maturity of two years. Loans issued after June 5, 2020 have a maturity of five years. ☑️No collateral or personal guarantees are required. — PolitiTweet.org

Posted Jan. 27, 2021