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SBA reviving Paycheck Protection Program for small businesses Millions of business owners are about to get additional help weathering the coronavirus outbreak. Posted: Jan 8, 2021 9:36 AM Updated: Jan 8, 2021 10:57 AM Posted By: Associated Press NEW YORK (AP) - Millions of business owners are about to get additional help weathering the coronavirus outbreak. The program will re-open the week of Jan. 11. The Small Business Administration and the Treasury Department are reviving the Paycheck Protection Program five months after its first two rounds of funding ended. Businesses that received lo...

Fri, 01/08/2021 - 2:00pm -- tim Vermont Business Magazine The US Small Business Administration, in consultation with the Treasury Department, announced today that the Paycheck Protection Program will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to ...