SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
… U.S. Small Business Administration (SBA) , in consultation with the Treasury Department, announced today that the … PPP Loan amount; and Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan. A borrower … or has used the full amount only for authorized uses; Has no more than 300 employees; and Can demonstrate at least a …