Mon Apr 27, 2020 | | Business, Covid-19, Paycheck Protection Program

Paycheck Protection Program Updates


After the first $350 Billion of funding for the Paycheck Protection Program (PPP) was exhausted, last week, Congress and the President approved the appropriation of another $310 Billion towards the PPP.  The Small Business Administration (SBA) then issued new guidance through an updated set of Frequently Asked Questions (FAQs) prepared in response to the questions, concerns and requests for clarifications raised during the administration of the first $350 Billion through the PPP. 

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