Summary of Second Draw PPP Loan Program

Tom Niemann of Summers Compton Wells has prepared a summary of the new Second Draw PPP Loan Program that may be helpful for borrowers who received a first round PPP loan and still had a 25% reduction in gross receipts due to COVID-19. These loans are available beginning the week of January 11, 2021. The application deadline is March 31, 2021. For more information, see the summary linked below.

 

Second Draw PPP Loan Program Summary