As part of the CARES Operate 2 economic recovery bill closed to the legislation towards the , the economical Assistance to help you Hard-Strike Small enterprises, Nonprofits, and you will Sites Operate renews and you will stretches the latest Salary Coverage System authored by the totally new CARES Work. Congress have designated $ mil in order to a moment bullet away from PPP fund (PPP2) to further assistance smaller businesses or other qualified entities adversely influenced from the constant COVID-19 societal wellness disaster.
That is Eligible?
The entire eligibility important regarding completely new PPP-your applicant approve that the PPP financing is required to service ongoing functions-is still an importance of this new PPP2 fund. Past you to, the latest PPP2 each other limits and you may develops qualifications.
Basic, the latest restrictions. The latest PPP2 needs an applicant having experienced procedure due to the fact out-of to get qualified. Sigue leyendo One minute Round of your Income Protection System is coming
