The first round of round 2 PPP loans has begun. Click here for NSBA’s detailed analysis on the regulations, how the program has changed, the differences between first- and second-draw loans, and when you can expect your lender to open up the application process.
SBA has released regulations overseeing the new round of PPP loans, and applications should be available from lenders as early as Jan. 8, 2021. Click here for the latest NSBA updates on the program as well as an analysis of the regulations.
On Monday, Dec. 21, the Senate legislation to provide $900 billion in COVID relief and a new round of PPP lending, plus key fixes to the program. Check out our video here, or read the more detailed analysis at the link below.
Webinar: Explaining COVID Relief Bill
Jan. 6, 2021 | 2:00 p.m. EST
Join NSBA at 2:00 p.m. EST Wednesday, Jan. 6 to hear from NSBA policy and lending experts on how the new COVID Relief Bill will impact your small business and what to expect from the new round of PPP loans.
Treasury and the SBA have formally rolled-out the Paycheck Protection Program loans, and we need to hear from you. If you’ve applied for one of these loans or an EIDL loan, please tell NSBA how the process has been for your business.
NSBA continues to hear about hackers, phishing schemes and unscrupulous lenders targeting small-business owners in need. Please visit this SBA website to verify any SBA lending product BEFORE you sign on the dotted line.