1/11/2021 · PPP Loan Applications Start Today. Here's What You Need to Know If your business needs a boost, be sure to apply for your loan as soon as you ;· The PPP will start taking applications filed through small lenders on Jan. 15 and will fully open to all eligible businesses on Jan. 19, the Small Business Administration (SBA) has announced. The deadline for loan applications is March 31, 2021, though this round of the PPP could end sooner if all the money has been distributed to ;· The deadline to apply for the Paycheck Protection Program was extended to March 31, 2021. The Economic Aid Act passed in late December 2020 launched a new round First Draw and Second Draw PPP loans. The SBA first rolled out applications through community lenders before it became available through all eligible providers on January 19, ;· You can apply for both a PPP and EIDL loan. 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 1/20/2020 · If you’re self-employed — as a sole proprietor or independent contractor with no employees — you can still apply for a Paycheck Protection Program (PPP) loan. Since you don’t have staff headcount, payroll, and benefits to calculate, your application process (for the loan and later for forgiveness) is much Loan Applications Start Today. Here's What You Need to 35+ Lenders Still Accepting PPP Applications [UPDATED] | Loan Applications Start Today. Here's What You Need to Third-Round Paycheck Protection Program (PPP) Funding 5/5/2020 · Update on PPP Loans, You Can Still Apply. The SBA-PPP loan program round 2 of funding has been overwhelmingly successful. Thousands of loans were approved and many clients received funds. Yet there are more funds appropriated for the PPP program if you have not applied you can still apply. Full Story7/2/2020 · The approval process at the SBA is slow right now and to get approved, then get your funding and use the funds (would most likely have to be an 8 week period as well) before the second loan is disbursed will be tough. You can, however, apply for a first-time PPP loan and there is still funding for ;· But they are still accepting applications and have a clear signup process. You can apply with Boefly right here. 3) PayPal. PayPal is currently accepting Payroll Protection applications through their Loan Builder program. Back in April, they were processing loan requests in record time: My daughter got her PPP loan in 8 hours.
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