Yesterday, the White House announced improvements to the Paycheck Protection Program (PPP) to ensure the loan program better reaches those who struggled to access funding during the first of loans. Join Small Business Majority and the U.S. Small Business Administration, Illinois District Office for our bi-weekly webinar on updates to federal funding, loan forgiveness and resources to support small businesses impacted by the pandemic.
Please read below for a list of key changes that are being implemented to the program to see if it might benefit you and your business:
Instituting a special 14-day application period, starting this Wednesday (2/24/21), during which only businesses with fewer than 20 employees can apply for PPP.
Applications for the new round of available PPP funds close March 31, 2021.
Other topics we will discuss include: