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1. www.fundingcircle.com › us › resourcesEverything You Need to Know About PPP Loans in 2021

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   Aug 3, 2023 · The following guide outlines everything you need to know about the updates before you apply for PPP loan funding. What Is The Paycheck Protection Program? Issued as part of the CARES Act in March 2020, the PPP gave small businesses and independent contractors loans to cover payroll costs for a period of up to eight weeks.

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3. www.sba.gov › article › 2021SBA Administrator Announces New Paycheck Protection Program ...

   www.sba.gov › article › 2021

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   Sep 24, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less.

4. www.investopedia.com › how-to-navigate-the-newHow to Navigate the Latest Small Business Relief Plan and Get ...

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   Sep 16, 2021 · The Consolidated Appropriations Act (CAA), 2021, signed into law Dec. 27, 2020, marks the third round of funding for the Paycheck Protection Program (PPP), which last ran out of funds...

   • Author: Jim Probasco

5. People also ask

   What is round 3 PPP funding?

   • Round 3 PPP funding contained in the CAA, includes significant changes to the Paycheck Protection Program Flexibility Act of 2020, which also made significant changes to the original Paycheck Protection Program that was part of the CARES Act.

   How to Navigate the Latest Small Business Relief Plan and Get a PPP Loan

   www.investopedia.com/how-to-navigate-the-new-stimulus-plan-and-get-a-ppp-loan-4843031

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   What is a PPP & how does it work?

   • Issued as part of the CARES Act in March 2020, the PPP gave small businesses and independent contractors loans to cover payroll costs for a period of up to eight weeks.

   Everything You Need to Know About PPP Loans in 2021

   www.fundingcircle.com/us/resources/ppp-loans-2021-everything-you-need-to-know/

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   When will PPP funding be available?

   • The $284 billion allocated in Round 3 will be made available through May 31, 2021, or until funds are expended. This funding round expands on the original PPP goals and guidelines even more than Round 2. The table below shows PPP funding to date. Sources: H.R. 748, H.R. 266, H.R. 133 H.R. 1319

   How to Navigate the Latest Small Business Relief Plan and Get a PPP Loan

   www.investopedia.com/how-to-navigate-the-new-stimulus-plan-and-get-a-ppp-loan-4843031

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   When can I apply for a PPP loan?

   • With passage of the PPP Extension Act, applicants have until May 31, 2021, to apply for a PPP loan, lenders have until June 30, 2021, to process those applications, and the covered period for all PPP loans extends to June 30, 2021.

   How to Navigate the Latest Small Business Relief Plan and Get a PPP Loan

   www.investopedia.com/how-to-navigate-the-new-stimulus-plan-and-get-a-ppp-loan-4843031

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6. www.schwabe.com › publication › what-to-know-aboutWhat to Know about the Paycheck Protection Program, Round Two

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   May 5, 2021 · On March 30, 2021, the President signed the PPP Extension Act of 2021 (the “Extension Act”), which extended the PPP deadline to May 31, 2021 and also gives the SBA an additional 30 days beyond May 31 to process those loans. On April 6, 2021, the Frequently Asked Questions (“FAQs”) were further updated.

7. en.wikipedia.org › wiki › Paycheck_Protection_ProgramPaycheck Protection Program - Wikipedia

   en.wikipedia.org › wiki › Paycheck_Protection_Program

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   The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...

8. www.sba.gov › sites › defaultPAYCHECK PROTECTION PROGRAM - Small Business Administration

   www.sba.gov › sites › default

   (2) if the borrower received its PPP loan before June 5, 2020, the borrower may elect to use an eight-week (56-day) Covered Period. For example, if the borrower is using a 24-week Covered Period and received its PPP loan proceeds on Monday, April 20, the first day of the Covered Period is April 20 and the last day of the Covered Period

9. www.wolterskluwer.com › en › expert-insightsLearn about Paycheck Protection Program 2021 | Wolters Kluwer

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   Jan 6, 2021 · Paycheck Protection Program 2021: What you need to know. By: Sandra Feldman. H.R. 133, the Consolidated Appropriations Act of 2021 was signed into law on December 27, 2020. This bill, which is in excess of 5500 pages, among many other things, provides aid to eligible small businesses, organizations, and individuals impacted by COVID-19.