PPP – Second Draw and New Applicants

The¬†U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.   To promote access to capital,¬†initially only community financial institutions will be able to make First Draw PPP Loans on Monday,…