Remove resources ppp-loan-forgiveness-faqs
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Second-draw PPP loan applications can now be submitted

Business Management Daily

On January 15th, the Small Business Administration (SBA) authorized lenders to begin accepting applications for new first-draw and second-draw loans under the Paycheck Protection Program (PPP). The time frame for both new first and second-draw PPP loans is brief, so interested businesses should move quickly.

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COVID-19 Resources: FFCRA & CARES Acts

PeopleStrategy

We encourage you to review the FAQs and guidance provided by the IRS and related agencies and to consult with your tax professional or financial advisor. The SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.