Everything Small Business Need to Know about Second Draw PPP Loans & More

Description

The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.

Second Draw PPP Loans can be used to help fund payroll costs, including benefits. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

Join your local New England SBA Lending Teams as they cover the important Loan Terms and Eligibility Requirements found in PPP Round 3 Second Draw.

Topics Include:

• PPP Eligibility & Forgiveness Updates
• Who Can Apply for Second Draw
• Application and Eligibility
• How Can PPP Loans Be Used
• Forgiveness & Loan Terms
• Application and Streamlined Forgiveness
• And More....

There is no cost to attend.

Register Today! Due to system capacity, registration is limited.

More information

Paycheck Protection Program: www.sba.gov/ppp

Office Newsletter and Updates: www.sba.gov/updates