Paycheck Protection Program Round 2: Business Eligibility
Recently, Congress passed a $900 million COVID-19 relief bill, the Consolidated Appropriations Act, 2021, which included funds for another round of the Paycheck Protection Program (PPP). The new round of PPP is similar to the first round, but the bill includes some important differences.
Read this article from General Counsel, P.C. to learn more about expanded terms of eligibility and types of expenses for businesses under the new PPP.