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Paycheck Protection Program Round 2: FAQs For Microbusinesses - May 2021 | Lowenstein Sandler LLP

Last updated: May 18, 2021 Overview On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the โ€œEconomic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Actโ€ (โ€œEconomic Aid Actโ€). The Economic Aid Act made available approximately $284.5 billion in new Paycheck Protection Program (โ€œPPPโ€) funding and reopened the PPP for first- and second-draw loans on terms that are gen...
New York United States New Jersey Biden Harris Administration Venue Operators Grant Program On Second Draw Paycheck Protection Program

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