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   How do I apply for a round 2 PPP loan?

   • Applying for a Round 2 PPP loan? Consider applying through a community bank. Banks can begin submitting applications to the Small Business Administration for the second round of Paycheck Protection Program loans on Monday, so if you haven’t applied for a PPP loan yet, where should you apply?

   Applying for a Round 2 PPP loan? Consider applying through

   business.delaware.gov/2020/04/26/applying-for-a-round-2-ppp-loan-consider-applying-through-a-community-bank/

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   What's new in the PPP round 2?

   • A key change in the PPP Round 2 is the maximum loan amount reducing from $10 million to $2 million for those reapplying. Similar to the first round, borrowers can calculate their loan amounts by multiplying their average total monthly payroll in (a) the one-year period prior to the date on which the loan is made, or (b) calendar year 2019, by 2.5x.

   PPP Round 2 | Paycheck Protection Program | HRO Insights

   hroresources.com/ppp-round-2-what-you-need-to-know/

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   What are the eligibility requirements for PPP round 2?

   • While the use cases have expanded in PPP Round 2, the eligibility has been limited for those reapplying for a PPP loan. For second time borrowers, your business must: (iii) have gross receipts during Q1, Q2, Q3, or Q4 2020 that were at least 25 percent less than the gross receipts from the same quarter in 2019. Will PPP Round 2 Be Forgivable?

   PPP Round 2 | Paycheck Protection Program | HRO Insights

   hroresources.com/ppp-round-2-what-you-need-to-know/

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   When can I apply for Round 2 PPP?

   • Once you are approved and receive your funds, you can also qualify to apply for round 2 PPP once you have exhausted the funds from round 1, after a minimum of 8 weeks. Ready to Achieve Your Highest and Best Use?

   PPP Round 2 Frequently Asked Questions - Stride Services

   stride.services/blog/ppp_2-faq/

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2. www.cardin.senate.gov › press-releases › biden-signsBiden Signs Legislation to Extend PPP Deadline

   www.cardin.senate.gov › press-releases › biden-signs

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   May 24, 2024 · Under the December law, small businesses that employ 300 or fewer people and that experienced a 25 percent or greater gross revenue loss between comparable periods in 2019 and 2020 due to COVID-19 are eligible to apply for a second forgivable PPP loan.

3. Videos

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     19:59

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     PPP Round 2: How to Apply for a New PPP Loan (1st and 2nd Draw)

     Jan 16, 2021

     9.2K Views

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     19:32

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     PPP Round 2 Application UPDATED [Self Employed, 1099, & Small Business]

     Jan 10, 2021

     308.2K Views

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     7:38

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     How to Track PPP Round 2 Loan Expenses (Template Included)

     Feb 7, 2021

     3.1K Views

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4. dev.bonadio.com › covid-19 › additional-guidanceAdditional Guidance Regarding Second Round of PPP Loans: What ...

   dev.bonadio.com › covid-19 › additional-guidance

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   May 24, 2024 · The U.S. Small Business Administration (“SBA”) recently announced that the Paycheck Protraction Program (“PPP”) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. The SBA issued updated guidance surrounding the PPP program on January 6th, which addresses changes made in accordance with the Economic Aid to Hard-Hit Small Business, Non-Profits, and ...

5. www.cardin.senate.gov › press-releases › cardinLatest News - U.S. Senator Ben Cardin

   www.cardin.senate.gov › press-releases › cardin

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   May 24, 2024 · June 30, 2020. Cardin, Schumer, Shaheen, Coons & Rosen Laud Unanimous Senate Passage of Legislation to Extend PPP Loan Application Deadline. SBA's Authority to Approve PPP Loans Ends at Midnight.

6. www.americascreditunions.org › news › sba-issuesSBA issues change for PPP loan forgiveness application process

   www.americascreditunions.org › news › sba-issues

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   May 28, 2024 · The changes “allow all PPP borrowers to apply for loan forgiveness through the SBA PPP Direct Forgiveness Portal, regardless of their loan size or Lender.”. It also requires all lenders to process forgiveness applications though the SBA’s PPP forgiveness portal regardless of prior internal approval processes.

7. www.eastcountymagazine.org › biden-opens-newBIDEN OPENS NEW FUNDING ROUND FOR ... - East County Magazine

   www.eastcountymagazine.org › biden-opens-new

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   May 25, 2024 · BIDEN OPENS NEW FUNDING ROUND FOR SMALL BUSINESSES WITH UNDER 20 EMPLOYEES AND SELF-EMPLOYED WORKERS: 2-WEEK APPLICATION PERIOD STARTS FEB. 24 | East County Magazine. Printer-friendly version....

8. chicago.suntimes.com › the-watchdogs › 2024/05/102 Illinois State Police officers accused of PPP loan fraud

   chicago.suntimes.com › the-watchdogs › 2024/05/10

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   May 10, 2024 · Sun-Times file. Two Illinois State Police officers from the Chicago area are suspected of defrauding the federal Paycheck Protection Program that provided loans to businesses struggling during the ...

9. www.paleyrothman.com › pdf › law-firm-eventsApplying for Second Round of PPP - Webinar - Paley Rothman

   www.paleyrothman.com › pdf › law-firm-events

   May 16, 2024 · Applying for Second Round of PPP - Webinar Scott Mirsky was a panelist for€a webinar with the Association of Language Companies on January 5, 2021. Scott discussed Congress’s second-round approval of the Paycheck Protection Program and how to apply. If you have questions regarding PPP loans and how to handle employment situations during the ...