A new relief bill will revive the PPP, which helps small businesses maintain payroll with forgivable loans. We built a guide to give you the rundown on how to get it.
Starting this week, small businesses can apply for new funding through the Paycheck Protection Program program. Congress revived the lending program with a relief bill signed into law on Dec. 27. The bill allocates $284.5 billion in forgivable coronavirus relief loans, including $137 billion for “second-draw” loans, to small businesses hard hit by the pandemic shutdowns.
The guide highlights key parts of PPP 2.0, including eligibility requirements, when to apply, what forms to use, and what can be forgiven. You can get up to $2 million in forgivable funds with PPP 2.0.
For members only, we're building high-quality resources like the PPP 2.0 Guide for Child Cares and a comprehensive list on Funding Available for California Child Cares and how to apply. Not a member? Join here.
Membership is only $215- this guide can get you thousands in forgivable funding.