The new round of Paycheck Protection Program (PPP) loans opened on Monday, Jan. 11 for small businesses who are applying to the program for the first time. "Second draw" PPP (Paycheck Protection Program) loans will soon become available for small businesses, nonprofits, sole proprietors and independent contractors who have exhausted their initial PPP loan. The program will make new loans through March 31, or until funding is exhausted. If interested, we encourage you to learn more and apply early.
Eligibility for a "Second Draw":