Paycheck Protection Program Infographic: How It Works
Updated 4/16/2020 at 2:23pm ET
Important Update: As of April 16, 2020, the Small Business Administration announced that all of the $349 billion approved by Congress for PPP Loans has been allocated, with some of this already being funded to businesses. Congress will need to provide more funding for PPP Loans in order for new applicants to be able to get a PPP Loan. The SBA is still accepting loan requests in anticipation of Congress adding more funds for PPP loans, but there is nothing definitive or official as of now.
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
Want to Download the Full Paycheck Protection Program Infographic? Click Here.
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