Treasury and the U.S. Small Business Administration (SBA) have issued additional Paycheck Protection Program (PPP) subregulatory guidance and applications.
PPP Reopening
The PPP is scheduled to reopen the week of January 11. Accordingly, Treasury and the SBA on the evening of January 8 released the following applications for First and Second Draw Loans:
- PPP Borrower Application Form (Revised 1/8/2021), and
- PPP Second Draw Borrower Application Form (1/8/2021).
Additionally, Treasury and the SBA released on January 8 the following top-line overviews of general eligibility requirements and terms for First and Second Draw Loans:
- Top-line Overview of First Draw PPP (1/8/2021), and
- Top-line Overview of Second Draw PPP (1/8/2021).
Additional PPP Resources can be located on Treasury’s website here.
NSA’s website page housing PPP updates and resources can be located here.
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