7/2/2020 · You can, however, apply for a first-time PPP loan and there is still funding for those. For question 2, I don’t know what our lending partners will require there but I’ll check. You are also welcome to contact our customer support team as ;· Only businesses with 300 or less employees that can show they lost 50% or more in revenue in one of the first two quarters of 2020 compared to 2019 would be eligible for a second PPP loan. Why 7/7/2020 · The loans, which can turn into grants if criteria are met, went to companies in almost every part of the state’s economy, reported Sam Dean, Samantha Masunaga and …8/25/2020 · Small Businesses Can Apply For PPP Loans Again Thanks to a Second Round of Funding. Apply now with our partners at BlueVine. so long as one location doesn’t have more than 500 employees then you would still qualify for a loan under this ;· If you received your PPP loan but sent it back, you can apply again. If you don’t have a relationship with a large, established bank, be aware of the following: Many banks are now considering lending to non-bank customers; don’t assume just because you haven’t used a bank before, your application won’t be next round of PPP loans will soon be available. Here's The next round of PPP loans will soon be available. Here's Small Businesses Can Apply For PPP Loans Again Thanks to a Third-Round Paycheck Protection Program (PPP) Funding 1/22/2021 · The PPP Flexibility Act of 2020 extends the time companies have to spend loan funds and still qualify for forgiveness. The law also drops the required …1/7/2021 · If you're applying for a first time loan. If you were rejected in the first round or didn't receive funds, you have a chance to apply again for an initial PPP you’re looking to apply for your second PPP loan, you need to show a 25% reduction in revenue. This is shown by comparing any quarter in 2020 with the same quarter in 2019. For example, if you recorded $20,000 in gross receipts in Q2 2019, you would be eligible if you recorded $15,000 or less in gross receipts in Q2 2020.

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